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Business

Successful IPOs of 2020 – Airbnb and DoorDash witnesses a kickstart

Both companies had their IPOs recently.

Airbnb’s IPO took off for the first time on Thursday, December 10, and it has been a massive kickstart! This is the start of their trading journey, and the famous…

Silicon Valley

WeWork’s CTO is leaving the company

Another WeWork day!

WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider . Shiva…

Business

Asana, founded by Facebook co-founder, may go public next year

Asana has crossed $100 million in annual recurring revenue.

Asana, a team management app founded in 2008, is planning a direct listing as it aims to go public next year, according to a report by Miles Kruppa on Financial…

Business

Counter Strike champs ‘Astralis’ going for first ever esports team IPO

The listing is scheduled to take place in December.

Astralis, one of the leading esports brand and the world’s number one Counter-Strike: Global Offensive team is all set to become the first publicly listed esports company. The team has…

Business

SoftBank to take charge of WeWork

SoftBank decided to acquire WeWork at an $8 billion valuation.

WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its…

Business

WeWork to lay-off 2,000 employees; amid IPO crisis

The company is planning to lay off between 10% and 25% of its workforce.

WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies…