Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent data from the San Francisco Employees’ Retirement System (SFERS) give us something to chew on. SFERS’s venture portfolio recorded a -.9% internal rate of return […]
Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares
Ibotta began it’s path as a public company on Thursday by opening at $ 117 per share, a big increase from its IPO price of $ 88, itself an increase from its proposed range of $ 76 to $ 84 per share. And this pop is despite boosting the size of its offering earlier in the […]