frozen IPOs

Brrrr. Bed Bath & Beyond goes bankrupt. Shopify launch. View in browser

May 3, 2023

Deep freeze

Hi there,   The tech IPO market is totally frozen.

With 18 of the 20 largest tech IPOs being underwater, that makes sense.

Strategic M&A is also slower.   It’s a rough time for investors looking for liquidity. More data here.

And Now, The Research

New chapter   Are retail bankruptcies coming back?   While things quieted down following 2020’s flood, bankruptcy activity has picked back up in 2023 so far, claiming more than a few notable names. What’s ailing Party City, Bed Bath & Beyond, and other retailers? Find out in this report.

Cigna strategy    Cigna is betting big on technology.   The healthcare payer is specifically focused on: Conveniently delivering care Strengthening its insurance offerings Doing more with patient health data Discover how Cigna is leveraging investments and partnerships to achieve these goals in this strategy map report.

Be direct   Shopify recently launched direct bill pay.   This move reflects the rising popularity of account-to-account (A2A) payments, where funds are transferred between two bank accounts without intermediaries such as card networks. Explore A2A’s evolution and find out what’s next for the space in this research brief.

Spring cleaning   BP is facing mounting pressure to decarbonize.   Despite recently rolling back some of its climate goals, the energy major is still aiming to achieve net-zero emissions by 2050. We used CB Insights partnership and investment data to illustrate how BP is navigating the transition to cleaner energy in this strategy map report.

The Industry Standard

Wall Street Journal. Dov Lieber (@DovLieber) covers funding activity in Israel and cites CB Insights research.   TechCrunch. Alex Wilhelm (@alex) and Anna Heim (@abracarioca) discuss Revolut’s valuation and mention CB Insights research. Forbes. Katie Jennings (@katiedjennings) dives into generative AI in healthcare and quotes CB Insights lead healthcare analyst Alexander Lennox-Miller.   I love you.    Anand  @asanwal  P.S. Coming soon to the CB Insights platform: headcount trend data. Want to know when it launches? Sign up for the alert here.

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