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June 9, 2020 01:45 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/P4jMyykGlUY/
The rise of low-margin, no-margin unicorns
Yesterday evening, Vroom, a digital used car retailer, priced its IPO at $22 per share, a figure that was a full $7 above the low end of its first proposed IPO price range. The venture-backed firm first proposed a $15 to $17 per-share IPO price range, which it later raised to $18 to $20 per […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/P4jMyykGlUY/
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