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Market Watch: What s making the Sensex so volatile? | The Economic Times Podcast

ipo news: Caution on IPOs, please! You may be treading a minefield

NEW DELHI: A rush of IPOs from businesses good and not so good, and aggressive pricing of such issues are considered important signs of an ageing bull market. Dalal Street has currently been seeing strong subscriptions to all kinds of IPOs, many of which have been deemed aggressively priced. Worse, most of the IPOs with lofty valuations are also commanding strong premia in debut trade. This, some market watchers say, suggests a bubble is building up in the IPO mart. “It’s a no-brainer! Investors are chasing listing gains and are unfazed by valuations. That calls for caution,” say analysts.

Coupang IPO: VC explains bullish investment case for Amazon of Korea

But in the eyes of venture capitalist Eric Kim, Coupang has already been out-Amazoning Amazon in Korea for a while.  SoftBank-backed Coupang, which raised $4.6 billion in IPO proceeds, had an extremely auspicious start on the New York Stock Exchange on Thursday. Shares rocketed as much as 84% intraday before paring gains and closing up 42% on the day.  The ten-year-old company is led by billionaire Bom Kim, who dropped out of Harvard Business School after just six months to capture the massive e-commerce opportunity in South Korea.  Eric Kim first met Bom Kim in 2011, also just six months after Coupang launched. Then, as a managing director at the long/short hedge fund Maverick Capital, Eric led the early-stage investment in Coupang on behalf of Maverick and stayed on the board at Coupang on Maverick s behalf until 2017. 

Börsianer-Meinung : Crash-Signale: Der Papst der Plattform-Wirtschaft, Thomas Rappold, alarmiert: „Der teuerste Satz ist jetzt Seite 1

Börsianer-Meinung : Crash-Signale: Der Papst der Plattform-Wirtschaft, Thomas Rappold, alarmiert: „Der teuerste Satz ist jetzt Seite 1
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