Investors said Domo was worth $2.28 billion — but when it has its IPO, it could be worth just $511 million

Business Insider -

Business Insider—Domo, last valued at $2.28 billion, could go public at a valuation of $511 million — bad news for investors. Domo updated its S-1 filing to say that it had undergone a reverse stock split: Every 15 shares of the company is now combined into one.  The updated filing gives a middle-of-the-range price of $20.50 per share, letting us calculate the new valuation.  Domo also says that it's cutting off its business relationships with companies owned or co-owned by CEO Josh James. When Domo filed to...

A startup in the West Coast scooter-sharing craze is already worth $1 billion — and it's raising again at a $2 billion valuation. Just weeks ago, electric scooter startup Bird snagged $150 million in a Series C funding round, giving the startup a $1 billion valuation Now, the company is reportedly raising again and seeking a $2 billion valuation. On the heels of a funding round that gave electric scooter sharing startup Bird the elusive "unicorn" status, the company is reportedly raising again and seeking a $2 billion valuation. This is a first for the tech industry, Axios reporter Dan Primack reported on Tuesday. Bird...