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Biotech, Augmented Reality Startups Test Investment Appetite With IPOs

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Zentalis Pharmaceuticals, a biotech group based in San Diego, California, raised about $165 million. The COVID-19 pandemic has wreaked havoc on the stock market, causing 20 firms to postpone IPOs, according to Renaissance Capital. The stock market hasn’t been this shaky since the 2008-09 financial crisis.

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Petco’s $864 Million IPO Beats Forecasts 

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The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. This IPO marks Petco’s third foray into the public markets following filings in 1994 and 2000. Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

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.” It has applied as common stock on the Nasdaq Global Select Market. Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4

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DoorDash Dives Into Grocery Delivery Business

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San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges.

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Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC

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While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has consistently exceeded it since early August at about $21 billion per day. “If Some of the concerning potential patters of trading in the market may start to fall away.”.

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Autonomous Trucking Co TuSimple Becomes Unicorn With $95M Fundraise

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The money will help the San Diego-based company grow its fleet from 12 vehicles to 50 by June of this year. and a Hong Kong-based investment company called Composite Capital. The money will also go toward helping the company develop partnerships and joint production operations with manufacturers.

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Real Estate Startup Bungalow Secures $64M In Funding

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Founded in 2017, Bungalow aims to solve many of the issues that early career professionals face when looking to rent in urban markets. Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle. markets by the end of 2018. putting it on track to be in 12 major U.S.

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