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Jason Citron, a co-founder of the popular social chat app Discord, stepped down as the company’s chief executive on Wednesday, a significant management shake-up ahead of Discord’s potential public offering. The new chief executive will be Humam Sakhnini, a 15-year veteran of the video game industry, Mr. Citron said in a statement. Mr. Sakhnini was…
This year was supposed to be a banner moment for digital commerce companies. Klarna, the digital payments giant, was gearing up for an initial public offering. So was Chime, the financial services company. And StubHub, the online ticketing business, had spoken to bankers for months about pursuing an I.P.O. But after President Trump unveiled a…
When CoreWeave, the cloud computing company vying to become the first major artificial intelligence start-up to go public, filed paperwork for a public listing earlier this month, it was a mark of optimism in an otherwise rocky market for I.P.O.s. But now that optimism has faded as the New Jersey-based CoreWeave significantly reduced the size…
StubHub, a ticketing software company, has held talks with bankers in recent weeks about holding an initial public offering before the end of the year, two people with knowledge of the matter said, testing Wall Street’s appetite for a return of tech I.P.O.s. The talks are preliminary, said the people, who spoke on the condition…
Discord, the social chat app popular with the video game community, has met with investment bankers in recent weeks to discuss preparations for an initial public offering as soon as this year, two people familiar with the talks said. An I.P.O. of a well-known technology company could provide a much-needed jolt for private companies weighing…
Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the company has waited for the right moment. Last week, Turo pulled its listing entirely. “Now is not the right time,” Andre Haddad, the company’s chief…
