Shares of DoorDash Inc. DASH and Airbnb Inc. ABNB shot straight up after the companies’ initial public offerings this week. That sort of exuberance can be a sign that a bull market is in a late stage. Mark Hulbert interviews Jay Ritter, a finance professor at the University of Florida …
Read More »The Wall Street Journal: DoorDash close to funding deal that would value company at $15 billion pre-infusion
DoorDash Inc. is close to securing new funding that would value the largest U.S. meal-delivery company at more than $ 15 billion before the infusion, as a wave of deal making sweeps over the red-hot industry. The closely held company plans to sell hundreds of millions of dollars of equity …
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