Sections SEARCH Skip to content Skip to site index Business Log In Log In Today’s Paper Business | WeWork Is Going Public. Are Its Numbers Too Private? Advertisement Supported by As the fast-growing purveyor of shared work space prepares for an I.P.O., its filings lack some important insights. ByPeter Eavis Aug. 29, 2019, 5:00 a.m. ET There’s a lot that the world’s hottest real estate company isn’t telling us as it prepares for its stock market debut. When WeWork released the paperwork this month for its initial public offering, investors finally had a chance to see how the company might be performing. WeWork is spending billions of dollars upfront to build out its empire of co-working spaces, so it was no surprise that the filing showed both strong growth and big losses. But the document lacked certain insights into its operations, like the numbers needed to evaluate how its specific … [Read more...] about WeWork Is Going Public. Are Its Numbers Too Private?
Why does a company go public
But founder and cannabis advocate Steve DeAngelo is a little disappointed it has to be in Canada. Peter Page Published 7:00 am CDT, Monday, June 10, 2019 Photo: Mattio Communications Photo: Mattio Communications Image 1 of / 1 Caption Close Image 1 of 1 Photo: Mattio Communications Iconic Harborside Dispensary Is Going Public 1 / 1 Back to Gallery Press releases announcing a company is going public are invariably dense with acronyms and copy-and-pasted legalese but absent any hint of the arduous journey from launch to stock ticker symbol. The recent announcement that Harborside Health Center “is completing a reverse takeover of Lineage Grow Company Ltd. - Harborside Inc. … [Read more...] about Iconic Harborside Dispensary Is Going Public
Sections SEARCH Skip to content Skip to site index Personal Tech Subscribe Log In Log In Today’s Paper Personal Tech | Why Play a Music CD? ‘No Ads, No Privacy Terrors, No Algorithms’ Advertisement Supported by Tech We’re Using Streaming services have revolutionized the discovery of songs, but here’s why Ben Sisario, who covers the music industry, still likes to listen to compact discs. FeaturingBen Sisario May 15, 2019 How do New York Times journalists use technology in their jobs and in their personal lives? Ben Sisario, a reporter who covers the music industry, discussed the tech he’s using. What are your most important tech tools for doing your reporting? Probably 75 percent of my reporting is done by phone and email, and when I am writing I print out drafts and notes. So that part of it is about as current as 1995. But I also use Signal and ProtonMail for sources … [Read more...] about Why Play a Music CD? ‘No Ads, No Privacy Terrors, No Algorithms’
With an entrepreneurial can-do mindset, the four Hollywood vets have built a business with soaring sales and global impact. Amy Wilkinson Published 8:00 am CDT, Tuesday, April 9, 2019 Photo: Nigel Parry Photo: Nigel Parry Image 1 of / 1 Caption Close Image 1 of 1 Photo: Nigel Parry Kristen Bell and Her Cofounders Built a Company to Save Lives. But Growing It Wasn't So Simple. 1 / 1 Back to Gallery Four Hollywood actors had a big idea: Launch a snack bar and use the sales to help feed malnourished kids around the world. They had a big name, This Bar Saves Lives, for their company. And as they sat around their office -- which was really just one of their condos -- in the early days … [Read more...] about Kristen Bell and Her Cofounders Built a Company to Save Lives. But Growing It Wasn’t So Simple.
Slack is reportedly planning to use a rare direct listing to go public, potentially becoming the second big technology company after Spotify to bypass a traditional initial public offering. In a direct listing, a company foregoes the usual underwriting process, which involves lining up investors ahead of time and selling shares at a set price, and instead lets the open market play a greater role in setting the price. Slack, like Spotify, is perfectly positioned to effectively use a direct listing due to its unique combination of name-brand recognition and an already-massive private market valuation. But the direct listing route is a risky process, and is not built for every company. Slack is reportedly planning to use a rare direct listing when it enters the public market in the second quarter, following in the footsteps of Spotify which used the same technique last year. But what exactly does “direct listing” mean and why is Slack planning to do one? In order to … [Read more...] about Slack is reportedly following Spotify in going public through a direct listing. Here’s how a direct listing works.