Friday, January 31, 2020

One Medical, a concierge-like primary healthcare startup, closes up 58% on its first day of trading, after raising $245M in its IPO, and is now valued at $2.7B (Bloomberg)

Bloomberg:
One Medical, a concierge-like primary healthcare startup, closes up 58% on its first day of trading, after raising $245M in its IPO, and is now valued at $2.7B  —  - Listing values tech-driven health clinic firm at $2.7 billion  — Company's One Medical clinics expanding to Atlanta, Portland



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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