Equity Equity Monday: Deliveroo sets IPO price range as we gear up for Y Combinator week
Mar 22, 2021
This week, the focus is on Deliveroo's IPO, with an expected valuation of £8.8 billion and a surge in demand. Major moves in the tech world include IronSource and Sivo making headlines as they go public via SPACs. There's exciting news in healthcare tech, with Happify Health and Clarify Health securing substantial funding. The ethical implications of venture capital decisions are also examined, particularly regarding Spark Capital's distancing from Dispo. Gear up for discussing equity crowdfunding next!
AI Snips
Chapters
Transcript
Episode notes
Israeli Tech Scene Flourishes
- IronSource, an Israeli app monetization company, is going public via SPAC, valued at $11.1 billion.
- This follows eToro's similar SPAC debut, highlighting the Israeli tech scene's success.
Sivo's Rapid Growth
- Sivo, a YC-backed "Stripe for debt," achieved a $100 million valuation in just eight months.
- Founder Kate Hiscox considers a Series A, showcasing rapid growth in 2021.
Deliveroo's IPO and Growth
- Deliveroo sets IPO price range, valuing itself between £7.6 billion and £8.8 billion.
- The company reported a 121% year-on-year increase in gross transaction volume in early 2021.