Duolingo Expands Offerings as It Prepares for IPO

Duolingo Expands Offerings as It Prepares for IPO

The way that Duolingo, the popular language-learning app, hounds you to keep up your daily lessons has become a meme. But it’s so insistent for a reason. Being addictive is basically the app’s entire business model. The lessons, which are designed to be as game-like...
Virgin Galactic to Go Public

Virgin Galactic to Go Public

Virgin Galactic, founded by billionaire Richard Branson, used to be the big name in space tourism before it was passed by SpaceX and Blue Origin. The company struggled through the 2010s, especially after a fatal crash in a test flight in 2014 and the cutting of ties...
The Uber IPO in Two Words: Womp Womp

The Uber IPO in Two Words: Womp Womp

Uber had its IPO today—May 10, 2019—but it turned out to be kind of a bummer for the company. It priced its shares at $45 for its IPO, but it began trading on the New York Stock Exchange at $42 per share. Three dollars per share doesn’t sound like a lot, but when you...
Why Are Tech Unicorns Delaying Their IPOs?

Why Are Tech Unicorns Delaying Their IPOs?

2017 was not an excellent year for tech company IPOs. Snap, for example, had a quick run-up from its IPO price of $17 a share to almost $30, but its share price plummeted almost as fast as it rose. The company’s stock price has yet to rebound to its IPO value. A...