Urban Company IPO payday; Side effects of CBD wellness rush

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Happy Thursday! Urban Company investors look at lucrative returns as the unicorn gets ready to list. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Explained: Platform fee hike
■ Uber side hustle
■ Modi’s semicon pitch


Urban Company IPO: Early backers Accel, Elevation, Bessemer eye windfall

Urban Company

(L-R) Varun Khaitan, Raghav Chandra, Abhiraj Singh Bhal, cofounders, Urban Company

Urban Company will hit the public markets next week. For early investors, the IPO marks a major payday, with returns as high as 29 times.

IPO…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Urban Company IPO payday; Side effects of CBD wellness rush


Happy Thursday! Urban Company investors look at lucrative returns as the unicorn gets ready to list. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Explained: Platform fee hike
■ Uber side hustle
■ Modi’s semicon pitch


Urban Company IPO: Early backers Accel, Elevation, Bessemer eye windfall

Urban Company

(L-R) Varun Khaitan, Raghav Chandra, Abhiraj Singh Bhal, cofounders, Urban Company

Urban Company will hit the public markets next week. For early investors, the IPO marks a major payday, with returns as high as 29 times.

IPO…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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