Pre-IPO Sector – News Update – Week of 2/25/2019

Last week, DoorDash's valuation increased to $7.1 billion after the company raised $400 million.

Lime hired Ted Tobiason as its first CFO. Tobiason recently worked as a Managing Director at Morgan Stanley, Managing Director at Deutsche Bank and the Head of Technology Equity Capital Markets at Bank of America.

Ola received $92 million from Sachin Bansal, Flipkart's co-founder.

Pinterest filed documents to go public.

SoFi launched its SoFi Invest product offering which allows its customers to invest actively or automatically with no-fees.

The news articles and links presented below are available for your reference.

DOORDASH

“DoorDash Raises $400M Round, now Valued at $7.1B”

LIME

“Lime Hires its First CFO"

OLA

"Flipkart Co-founder Sachin Bansal Invests Rs 650 Crore in Ola"

PINTEREST

"Pinterest Files Confidentially for IPO"

SOFI

"SoFi Launches SoFi Invest and Eyes Additional Lending Products"