How IPOs from Lyft, Pinterest and others could create 6,000 new millionaires: by bizcarson
This time around, Rachleff looked at six future IPOs and the reported market valuations of their companies: Uber , Lyft , Palantir , Airbnb , Slack , Pinterest and Postmates . Of those, so far only Lyftfor an IPO, while Postmates, Pinterest, Uber and Slack are reported to have confidentially filed. Palantir and Airbnb could be expected for later in 2019.
It’s a rough estimate, he stresses, and more an indication of the order of magnitude rather than the precise number. In other words, the number of millionaires is likely to be in the single-digit thousands, not hundreds of thousands. From there, based on Rachleff’s experience, he estimates that most employees generate $500,000 in revenue a person. Dividing a $23 billion revenue figure by half a million would get to an estimated total of 40,000 employees.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
How IPOs From Uber, Airbnb And Others Could Create A $230 Billion Windfall And 6,000 New Millionaires6,000 is a rough guess of just how many millionaires will be part of this next tech IPO wave.
Baca lebih lajut »
From Lyft to Airbnb, new round of IPOs is no market top: Nick ColasDataTrek's Nick Colas sees historical trends and valuations as bullish support for the next round of IPOs.
Baca lebih lajut »
Uber drives Middle East mapping push ahead of IPO: sourceUber Technologies Inc is six months into a major mapping project that fills hole...
Baca lebih lajut »
Uber gets an IPO boost from Middle East dealThe ride-hailing giant will pay $3 bln to acquire Dubai-based rival Careem. It shows the group, which is burning through $1 bln a year, can still spend to grow as it prepares to go public. Amid intense overseas competition, the move gives Uber one less thing to worry about.
Baca lebih lajut »
Breakingviews - Uber gets an IPO boost from Middle East dealFrom KarenKKwok and Ginachon via Breakingviews: Uber will pay $3 billion to acquire Middle East rival Careem. It shows the group, which is burning through $1 billion a year, can still spend to grow as it prepares to IPO:
Baca lebih lajut »
Lyft Prices IPO at $72, the Latest Move In Its Money-Raising Battle With UberLyft, the ride-hailing underdog whose survival was once in doubt, priced its IPO at $72 a share in what could be one of the hottest initial public offerings of the year.
Baca lebih lajut »
Lyft valued at $24.3 billion in first ride-hailing IPOLyft Inc was valued at $24.3 billion in the first initial public offering (IPO) ...
Baca lebih lajut »
Lyft raises $2.34 billion as U.S. IPOs kick into high gearLyft raised about $2.34 billion in its initial public offering, pricing its shares at the top of an elevated range in a listing seen as a bellwether for Silicon Valley companies.
Baca lebih lajut »
Silicon Valley millionaires — Quantum computing 101 — A $16 billion drug flopFor those of you who missed the first edition of this newsletter last week, I'm going to be sending out a weekly email highlighting some of the best reporting from our BI Prime coverage.
Baca lebih lajut »