Key highlights: Coinbase CEO says VC firms are cornering a sizable share of profits from high-growth companies, sidelining retail investors. Brian Armstrong points accusing fingers at existing investor rules in the US for the disparity. Early investors in SpaceX net outsized returns after the mega IPO. Coinbase CEO Brian Armstrong has poked holes in accredited […]
Tag: IPO
Key highlights: ARK Invest purchased approximately $530 million worth of SpaceX shares across three ETFs following the company’s IPO. SpaceX surged 19.2% on its first trading day, lifting its valuation above $2 trillion and cementing its status as one of the world’s most valuable companies. The purchase reinforces ARK’s long-term bullish thesis on Starlink, AI […]
Key highlights: The Bitcoin price has already reached its cycle bottom, stated Kendrick. The Standard Chartered analyst believes that BTC is preparing for a bull run. He sees Strategy’s BTC buy, ETF inflows, and oil price fall as the three key developments to watch. As the Bitcoin price continues to break through key levels, Standard […]