CoreWeave's Anticipated IPO
CoreWeave filed its S-1 on March 3rd with expectations to target a valuation greater than $35 billion and raise approximately $4 billion. The company reported 2024 revenue of $1.9 billion, over eight times greater than in 2023.
OpenAI Valuation and Growth
OpenAI is in talks to raise $40 billion at a $300 billion valuation. Its revenue is expected to more than triple from $3.7 million to more than $12.5 million in a year, with 400 million active users reported.
ServiceTitan IPO Success
ServiceTitan priced its IPO at $71 per share, raising approximately $625 million and closing the first day of trading at $101 per share, reflecting a 42% increase.
Successful Exits and Returns
The company exited its position in Oklo, achieving a return of over 20 times the initially invested capital, and fully exited PublicSquare shares with significant realized gains.
Liquid Death Expands Product Line
Liquid Death aired its first national Super Bowl advertisement and expanded its product line with new soda-inspired sparkling waters.