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Toast soars 65% in IPO debut, valuing restaurant technology company at $33 billion

The firm priced its IPO at $40 per share Tuesday evening, well above its expected range of $34-$36 …

Matthew Fox   


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Al Gore's investment fund revealed a $128 million stake in Toast after the restaurant-technology company's IPO

Generation Investment Management co-led Toast's Series C funding round in 2017, and now owns 0.5% o…

Theron Mohamed   


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2 mins read

The quaint economy just went public - and Goldman Sachs is leading the way

The quaint economy is a derivative of a derivative of The Way We Live Now. It's about the way that …

Shane Ferro   


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After discussing layoffs to cut costs, WeWork CEO Adam Neumann treated employees to tequila shots and a private performance by a member of Run DMC

WeWork did fire 7 percent of its staff in 2016. During an all-hands meeting at WeWork's New York Ci…

Kevin Webb   


Hillary Hoffower   


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It's Google's Turn To Dominate The Headlines This Week

The Supreme Court could deliver a decision on Aereo, the web-based TV streaming service, on Monday …

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This VC's first investment was in a pre-IPO Salesforce - now he thinks he's found the next big thing

In the longer run, Ritter says the sky is the limit for Textio. Right now, it's hyperfocused on tha…

Matt Weinberger   


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The hottest upcoming IPOs

The top finance stories for August 19, including the latest news on upcoming IPOs and how to be a l…

Dan DeFrancesco   


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Everyone Wants To Know Whether The Feds Will Nix The AT&T-DirecTV Deal

AT&T's deal to acquire DirecTV for $49 billion will frame the coming week: The deal comes on th…

Jim Edwards   


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Restaurant-software provider Toast is preparing an IPO that could value it at around $20 billion, report says

The Boston-based company could examine other options such as a sale or merger with a SPAC, but ther…

Shalini Nagarajan   


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10 things you need to know before the opening bell

This is what traders are talking about.

Shalini Nagarajan   


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2 mins read

10 things before the opening bell

Stocks rally, traders bought the Evergrande dip, and Toast surges in IPO debut.

Phil Rosen   


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BlackRock and Snowflake team up - The PE fast-food king - SPACs hedge funds love

The top finance stories for February 23, including the latest news on BlackRock's partnership with …

Dan DeFrancesco   


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Jeremy Berke   


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What you need to know on Wall Street today

KPMG fired 6 people over "unethical" leaks of confidential information - KPMG has fired six employe…

Business Insider   


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If any one of these 3 things happen, the tech boom could end immediately

Goodwater Capital co-founder Chi-Hua Chien lays out one possible scenario: "My guess is that some m…

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What you need to know on Wall Street right now

With the stroke of a pen, President Trump has potentially started the unwinding of many of the hall…

Business Insider   


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NASDAQ ALL-TIME CLOSING HIGH: Here's what you need to know

DON'T MISS: This other unemployment rate is at its lowest level in 15 years »And now, the top stori…

Akin Oyedele