Chime almost died in 2016, turned down by 100 VCs — today it IPO’d at $14.5B
One of the year’s most anticipated IPOs took place on Thursday when neobank Chime raised $864 million in its IPO, pricing its shares at $27, which is above its previously announced range of $24 to $26. That gave it a starting market cap of about $9.8 billion. While some would point out that this is … Read more