IPO

How has Corsair Gaming posted such impressive pre-IPO numbers?

Source Node: https://techcrunch.com/2020/09/22/how-has-corsair-gaming-posted-such-impressive-pre-ipo-numbers/
Time Stamp: September 22, 2020 10:36 AM - Modified On: September 22, 2020 - Published By:
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After the last few weeks of IPOs, you’d be forgiven if you missed Corsair Gaming’s own public offering. The company is not our usual fare. Here at TechCrunch, we care a lot of about startups, usually technology startups, which often collect capital from private sources on their way to either the bin, an IPO or a buyout. Corsair is some of those things. It is a private company that builds technology products and it has raised some money while private. But from there it’s a slim list. The company was founded in 1994,

Unity, a gaming startup and maker of software used to create 50% of all new mobile games, raises over $1.3 billion in IPO at $13.6 billion valuation

Source Node: https://techstartups.com/2020/09/18/unity-gaming-startup-maker-software-used-create-50-new-mobile-games-raises-1-3-billion-ipo-13-6-billion-valuation/
Time Stamp: September 18, 2020 7:19 PM - Modified On: September 18, 2020 - Published By:
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Last month, we wrote about Unity Technologies (Unity) after the gaming startup filed to go public. For the first time, Unity also revealed its financials after it filed its S-1 statement with the U.S. Securities and Exchange Commission. As of 2018, Unity software is used to create more than 50% of all new mobile games. Today, Unity finally made its public debut. Its stock surges as shares of Unity opened at $75 in Friday morning trading, up 44% from its initial-public-offering price of $52 a share. The initial public offering

Unity Raises $1.3B in Initial Public Offering, Surpasses Epic Games’ Valuation

Source Node: https://esportsobserver.com/unity-raises-1-3b-in-ipo/
Time Stamp: September 18, 2020 3:10 PM - Modified On: September 18, 2020 - Published By:
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Video game development platform and technology firm Unity Software completed its initial public offering Friday and began trading on the New York Stock Exchange. The Unity game engine developer raised $1.3B USD in the offering. The company sold 25M shares, which represent roughly 9.49% of the company’s total outstanding shares after the offering, at a price of $52 per share in the initial offering. The offering pricing put Unity Software’s market capitalization at $13.7B based on 263,366,733 outstanding shares. The pricing exceeded Unity’s initial price range marketed to potential investors.

Daily Crunch: Apple files countersuit against Epic

Source Node: https://techcrunch.com/2020/09/08/daily-crunch-apple-files-countersuit-against-epic/
Time Stamp: September 8, 2020 6:12 PM - Modified On: September 8, 2020 - Published By:
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Apple strikes back at Epic Games, Android 11 is here and Microsoft announces a new stripped-down Xbox. This is your Daily Crunch for September 8, 2020. The big story: Apple files countersuit against Epic Apple has made the latest move in a legal battle against Epic Games, filing a lawsuit claiming that the company behind Fortnite is in breach of contract. “Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it

Formula One Announces $750K Prize Pool For 2020 F1 Esports Series

Source Node: https://esportsobserver.com/formula-one-prize-pool-esports-series/
Time Stamp: August 14, 2020 1:13 PM - Modified On: August 14, 2020 - Published By:
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The F1 Esports Series presented by Aramco announced the start of its fourth installment of the F1 Esports Pro Series. The sim racing series organized by Gfinity will see all 10 Formula One teams field drivers to compete for the $750K USD prize pool. The series main sponsor, which is also title sponsor of several Formula One races throughout 2020, Saudi Aramco, is a Saudi Arabian petroleum and natural gas company that went public in December 2019 in the world’s largest initial public offering (IPO) to date. The season will

DoubleDown is going public: Why isn’t its IPO worth more?

Source Node: https://techcrunch.com/2020/06/29/doubledown-is-going-public-why-isnt-its-ipo-worth-more/
Time Stamp: June 29, 2020 11:02 AM - Modified On: June 29, 2020 - Published By:
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Agora isn’t the only company headquartered outside the United States aiming to go public domestically this quarter. After catching up on Agora’s F-1 filing, the China-and-U.S.-based, API-powered tech company that went public last week, today we’re parsing DoubleDown Interactive’s IPO document. The Exchange is a daily look at startups and the private markets for Extra Crunch subscribers; use code EXCHANGE to get full access and take 25% off your subscription. The mobile gaming company is targeting the NASDAQ and wants to trade under the ticker symbol “DDI.” As with Agora, DoubleDown

Kahoot raises $28M for its user-generated educational gaming platform, now valued at $1.4B

Source Node: https://techcrunch.com/2020/06/11/kahoot-raises-28m-for-its-user-generated-educational-gaming-platform-now-valued-at-1-4b/
Time Stamp: June 11, 2020 3:03 PM - Modified On: June 11, 2020 - Published By:
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As schools stay closed and summer camp seems more like a germscape than an escape, students are staying at home for the foreseeable future and have shifted learning to their living rooms. Now, Norwegian educational gaming company Kahoot — the popular platform with 1.3 billion active users and over 100 million games (most created by users themselves) — has raised a new round of funding of $28 million to keep up with demand. The Oslo-based startup, which started to list some of its shares on Oslo’s Merkur Market in October