The traditional i p o seems to be a waning, and i think we will see more people taking this brave approach. Square space was profitable in twenty enty, recording about thirty million profits,. Like, why are they profitable? They should be in growth mode. But that's a pretty healthy sign if management can make it profitable.
Emergency pod! Bitcoin sees a major correction due to China's crack down (1:46). What are the chances it could it go to zero, and could China banning crypto be a blessing in disguise? Robinhood is rumored to be going public next month (14:14), what will their market cap be at IPO? Plus Squarespace goes public via direct listing (26:10)!