Iconiq VCs spent two years courting Chime and the firm isnt selling its stake

Image for article Iconiq VCs spent two years courting Chime and the firm isnt selling its stake
News Source : TechCrunch

News Summary

  • Chime raised $864 million on its $27 share price, which popped big, opening at $43
  • Iconiq is, of course, well known in the Valley as the family office to some of the industry’s most celebrated billionaires
  • Chime positions itself as banking and credit-building resources for the average person and working class
The VC tech world was abuzz on Thursday when neobank Chime successfully became a public company. Chime raised $864 million on a its $27 share price, which popped big, opening at $43.This wasnt the [+3685 chars]

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