Equity Equity Monday: Stripe's epic new valuation, Deliveroo's IPO, and WeWork numbers
Mar 15, 2021
Stripe raised a whopping $600 million, catapulting its valuation to $95 billion and sparking discussions about when it will finally go public. Deliveroo is gearing up for a £1 billion IPO that could value it at £5 billion, while WeWork shows signs of financial recovery. The podcast also uncovers new funding for startups like DeepSee.ai, which focuses on knowledge process automation in a hybrid work environment. It's a thrilling time for tech and startup valuations as many companies prepare for significant liquidity events.
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Stripe's Valuation
- Stripe raised $600 million at a $95 billion valuation, likely its last private round.
- This makes Stripe a potential contender to be worth over $100 billion when public.
Other Funding News
- Chinese facial recognition startup Megvii filed to go public recently.
- Nimble Robotics raised $50 million for fulfillment automation tech.
Deliveroo IPO
- Deliveroo plans a £1 billion IPO, potentially valuing the company at £5 billion.
- Despite growing GTV, Deliveroo remains unprofitable, raising concerns about its financial health.