IPO

Instacart’s three cofounders cashed in about $100 million from the IPO while firms who bought into InstaCart’s 2021 funding round dealt with a near 70% unrealized loss.

Chip designer Arm Holdings held its initial public offer (IPO) on September 13, banking US$54.5 billion (AU$84.8 billion), making it the year’s biggest IPO to date.

Forbes reviewed the current unicorn landscape to tap who might be likely to list.

Volkswagen Group is planning an initial public offering for Porsche.