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LimeBike Authorizes $300M at $1B Valuation

LimeBike filed an Amended and Restated Certificate of Incorporation on July 3, 2018 authorizing the sale of up to $300M shares of Series C Preferred Stock. If all shares are sold the company will have a post-money valuation north of $1B, making it the newest Unicorn. Here's a look at the Price Per Share increase [...]

9 New York Companies Poised for an IPO

From software to exercise bikes, these 9 New York companies are poised for an IPO according to the Prime Unicorn Index. 1. Urban Compass, Inc. Description: Urban Compass develops a technology-driven real estate platform that enables agents and clients to streamline and transform the process of finding a home. Total Funding: $298.24 M Post-Money Valuation: [...]

Unicorn IPO Outlook: Zuora files S-1

Prime Unicorn Index component company Zuora filed their S-1. Here's how they are currently tracking against the index: Here’s a visual breakdown of Zuora's preferred & common share price history over the years:   Since incorporating in 2006, Zuora has successfully raised over $243M. Here's the funding breakdown: Zuora's Post-Money Valuation of $671M is based [...]

Preferred Stock

Preferred stock comes in various shapes and sizes, depending on the intent and desires of the planners. Assuming it is so authorized in the charter, the board of directors may fix the rights, preferences, and privileges of the preferred, a practice creating what is known as "blank-check preferred." There are virtually no limits on the [...]

The Honest Company: New Funding Stands to Dethrone Unicorn Status

The Honest Company, the all-natural home goods company co-founded by Jessica Alba, is reportedly raising a new round of financing that potentially removes its' status as a Unicorn company in the private capital markets. Dan Primack of Axios broke the news. You can read the full story by going to https://www.axios.com/jessica-albas-honest-co-slashes-valuation-2493350812.html