OpenAI upheaval mounts as Sam Altman readies IPO push
Executive exits and safety team changes unsettle staff as the ChatGPT maker prepares for a blockbuster listing
The top 3
- Top 3 Largest US Tech IPOs Ever: Alibaba's 2014 IPO remains the largest by market cap at $167.6 billion, followed by Meta Platforms (Facebook) in 2012 at $104 billion, and Uber in 2019 at $82.4 billion.
- Tech IPOs with Strongest First-Day Performance: Snowflake saw a 111% surge on its debut in 2020, while DoorDash jumped over 85% and Airbnb also experienced a 112% increase on their first trading days in 2020.
- Notable Tech IPOs with Post-Debut Challenges: WeWork's highly anticipated 2019 IPO was withdrawn due to valuation concerns, while Blue Apron and Groupon experienced significant stock declines after their public listings.
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