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Showing posts from July, 2021

Axios Pro Rata: Robinhood's risk hangover

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Plus: Remembering CashCat 😸 | Saturday, July 31, 2021   Open in app View in browser   Presented By Fidelity Investments   Axios Pro Rata By Kia Kokalitcheva · Jul 31, 2021 Welcome back to another Saturday! Find me at kia@axios.com or on Twitter @imkialikethecar . Programming note: Since I'll be taking over Dan's daily duties for the next two weeks while he's on an island, my colleague Hope King will write next Saturday's newsletter. Playing on my Spotify: Oliver Cheatham's "Get Down Saturday Night" and "Finally (Cannot Hide It)" by Kelly Rowland and Amorphous. Today's Smart Brevity™ count is 937 words, 3 ½ minutes.     1 big thing: Robinhood regulatory storm ☔️ Illustration: Shoshana Gordon/Axios   Robinhood, best known for its popular no-fee stock trading app, went ...

Axios Pro Rata: SEC clamps down on Chinese IPOs

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Plus, Elon's *other* company raises big cash. | Friday, July 30, 2021   Open in app View in browser   Presented By Duolingo   Axios Pro Rata By Dan Primack · Jul 30, 2021 🚨 Breaking: I'm on a beach for the next two weeks, with Kia Kokalitcheva holding down the Axios Pro Rata fort. Yes, I'll miss you too. Please send news, tips and plenty of coffee to kia@axios.com.     Top of the Morning Illustration: Sarah Grillo/Axios   Chinese companies will be unable to go public in the U.S. unless they make new risk disclosures, according to a statement released Friday morning from SEC chair Gary Gensler. Why it matters: Chinese companies, and tech startups in particular, are already under growing pressure from their own government. Now they're also getting squeezed by U.S. officials. How we got he...