Topic: resilience persistence
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Chime’s $14.5B IPO After 100 VC Rejections in 2016
Chime achieved a $14.5 billion valuation in its IPO, raising $864 million with shares surging to $42 at opening, reflecting strong investor confidence. The neobank reported revenue growth from $1.3 billion in 2023 to $1.7 billion in 2024, narrowing losses and briefly turning a profit in early 202...
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