Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B

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Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B

Seekingalpha2021-03-03

Health insurance startup, Oscar Health, Inc. has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the ...

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Ozehs
·2021-03-03
Yup man pls like. For the coins
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- Ozehs:
  Well said Bro
  2021-03-03
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cwhyjay
·2021-03-03
Nice
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- Research:
  yes nice
  2021-03-03
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airgotnohole
·2021-03-03
Nice
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- Lty1098Replying toraidou:
  Thank you
  2021-03-03
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- Lty1098:
  Pla help like n comment
  2021-03-03
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- raidou:
  Done! Please help to do the same thanks
  2021-03-03
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Rocketupup
·2021-03-03
Buy?
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For the coins","listText":"Yup man pls like. For the coins","text":"Yup man pls like. For the coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/365462303","repostId":1115544763,"repostType":4,"repost":{"id":"1115544763","pubTimestamp":1614759683,"share":"https://www.laohu8.com/m/news/1115544763?lang=&edition=full","pubTime":"2021-03-03 16:21","market":"us","language":"en","title":"Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B","url":"https://stock-news.laohu8.com/highlight/detail?id=1115544763","media":"Seekingalpha","summary":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to rai","content":"<p>Health insurance startup, <b><a href=\"https://laohu8.com/S/OSCR\">Oscar Health, Inc.</a> </b> has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -<i>Reuters</i>.</p><p>OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.</p><p>Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.</p><p>Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. 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In 2018, Alphabet took a nearly 10% stake for $375M.The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.Goldman Sachs, Morgan Stanley and Allen & Company are lead underwriters for the offering.Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3705301,"gmtCreate":1614772122456,"gmtModify":1680778989741,"authorId":3559609554001692,"author":{"id":3559609554001692,"authorId":3559609554001692,"name":"Ozehs","avatar":"https://static.tigerbbs.com/1d7eb004089826d4cd119b44dd6b1bfd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.41%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":365462303,"type":1,"supId":0,"prevId":0,"content":"Well said Bro","text":"Well said Bro","html":"Well said Bro"}],"langContent":"EN"},{"id":365567306,"gmtCreate":1614762576805,"gmtModify":1704774875568,"author":{"id":"3575129642299091","authorId":"3575129642299091","name":"cwhyjay","avatar":"https://static.tigerbbs.com/f7d279dc8668526ed06ab7cb377618cd","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/365567306","repostId":1115544763,"repostType":4,"repost":{"id":"1115544763","pubTimestamp":1614759683,"share":"https://www.laohu8.com/m/news/1115544763?lang=&edition=full","pubTime":"2021-03-03 16:21","market":"us","language":"en","title":"Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B","url":"https://stock-news.laohu8.com/highlight/detail?id=1115544763","media":"Seekingalpha","summary":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to rai","content":"<p>Health insurance startup, <b><a href=\"https://laohu8.com/S/OSCR\">Oscar Health, Inc.</a> </b> has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -<i>Reuters</i>.</p><p>OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.</p><p>Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.</p><p>Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. In 2018, Alphabet took a nearly 10% stake for $375M.</p><p>The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.</p><p>Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.</p><p>Goldman Sachs, Morgan Stanley and Allen &amp; Company are lead underwriters for the offering.</p><p>Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.</p><p>South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.</p><p>Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.</p><p>Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.</p><p>The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OSCR":"Oscar Health, Inc."},"source_url":"https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115544763","content_text":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. In 2018, Alphabet took a nearly 10% stake for $375M.The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.Goldman Sachs, Morgan Stanley and Allen & Company are lead underwriters for the offering.Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3705170,"gmtCreate":1614770910760,"gmtModify":1680778992889,"authorId":3573639884022892,"author":{"id":3573639884022892,"authorId":3573639884022892,"name":"Research","avatar":"https://static.tigerbbs.com/c3762b600ab6047da06e2a2d3ad7b092","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.30","exceedPercentage":"93.15%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":365567306,"type":1,"supId":0,"prevId":0,"content":"yes nice","text":"yes nice","html":"yes nice"}],"langContent":"EN"},{"id":365512208,"gmtCreate":1614759818504,"gmtModify":1704774845233,"author":{"id":"3568328295115570","authorId":"3568328295115570","name":"airgotnohole","avatar":"https://static.tigerbbs.com/59cddd2747d84cc7e563b9a6be9a8925","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/365512208","repostId":1115544763,"repostType":4,"repost":{"id":"1115544763","pubTimestamp":1614759683,"share":"https://www.laohu8.com/m/news/1115544763?lang=&edition=full","pubTime":"2021-03-03 16:21","market":"us","language":"en","title":"Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B","url":"https://stock-news.laohu8.com/highlight/detail?id=1115544763","media":"Seekingalpha","summary":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to rai","content":"<p>Health insurance startup, <b><a href=\"https://laohu8.com/S/OSCR\">Oscar Health, Inc.</a> </b> has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -<i>Reuters</i>.</p><p>OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.</p><p>Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.</p><p>Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. In 2018, Alphabet took a nearly 10% stake for $375M.</p><p>The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.</p><p>Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.</p><p>Goldman Sachs, Morgan Stanley and Allen &amp; Company are lead underwriters for the offering.</p><p>Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.</p><p>South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.</p><p>Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.</p><p>Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.</p><p>The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OSCR":"Oscar Health, Inc."},"source_url":"https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115544763","content_text":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. In 2018, Alphabet took a nearly 10% stake for $375M.The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.Goldman Sachs, Morgan Stanley and Allen & Company are lead underwriters for the offering.Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3704492,"gmtCreate":1614764793146,"gmtModify":1680778985711,"authorId":3573201360768736,"author":{"id":3573201360768736,"authorId":3573201360768736,"name":"Lty1098","avatar":"https://static.tigerbbs.com/0123641e5b1e8993162711702dcb0f22","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3572914809308233,"repliedAuthor":{"id":3572914809308233,"authorId":3572914809308233,"name":"raidou","avatar":"https://static.tigerbbs.com/d897c7c5c5ab650d7cee80180e68677f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":365512208,"type":1,"supId":3704018,"prevId":3704244,"content":"Thank you","text":"Thank you","html":"Thank you"},{"id":3704018,"gmtCreate":1614760729116,"gmtModify":1680778974067,"authorId":3573201360768736,"author":{"id":3573201360768736,"authorId":3573201360768736,"name":"Lty1098","avatar":"https://static.tigerbbs.com/0123641e5b1e8993162711702dcb0f22","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":365512208,"type":1,"supId":0,"prevId":0,"content":"Pla help like n comment","text":"Pla help like n comment","html":"Pla help like n comment"},{"id":3704244,"gmtCreate":1614763098587,"gmtModify":1680778971793,"authorId":3572914809308233,"author":{"id":3572914809308233,"authorId":3572914809308233,"name":"raidou","avatar":"https://static.tigerbbs.com/d897c7c5c5ab650d7cee80180e68677f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":365512208,"type":1,"supId":3704018,"prevId":0,"content":"Done! Please help to do the same <u>thanks</u>","text":"Done! Please help to do the same <u>thanks</u>","html":"Done! Please help to do the same <u>thanks</u>"}],"langContent":"EN"},{"id":365516578,"gmtCreate":1614759770994,"gmtModify":1704774842640,"author":{"id":"3555199737903833","authorId":"3555199737903833","name":"Rocketupup","avatar":"https://static.tigerbbs.com/feac8c57fda8c223f1c0a55775d10484","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Buy?","listText":"Buy?","text":"Buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365516578","repostId":1115544763,"repostType":4,"repost":{"id":"1115544763","pubTimestamp":1614759683,"share":"https://www.laohu8.com/m/news/1115544763?lang=&edition=full","pubTime":"2021-03-03 16:21","market":"us","language":"en","title":"Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B","url":"https://stock-news.laohu8.com/highlight/detail?id=1115544763","media":"Seekingalpha","summary":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to rai","content":"<p>Health insurance startup, <b><a href=\"https://laohu8.com/S/OSCR\">Oscar Health, Inc.</a> </b> has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -<i>Reuters</i>.</p><p>OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.</p><p>Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.</p><p>Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. In 2018, Alphabet took a nearly 10% stake for $375M.</p><p>The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.</p><p>Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.</p><p>Goldman Sachs, Morgan Stanley and Allen &amp; Company are lead underwriters for the offering.</p><p>Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.</p><p>South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.</p><p>Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.</p><p>Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.</p><p>The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet-backed Oscar Health prices IPO above range at $39, raising $1.2B\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OSCR":"Oscar Health, Inc."},"source_url":"https://seekingalpha.com/news/3668578-oscar-health-prices-ipo-above-range-at-39-raising-12b","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115544763","content_text":"Health insurance startup, Oscar Health, Inc.  has priced its IPO above range at $39 per share to raise $1.2B, givingan initial valuation of $7.7B -Reuters.OSCR had planned to sell 31M shares in the range of $32-$34, which was furtherupped to $36-$38 a piece.Google’s parent Alphabet, Thrive Capital, Fidelity Management, Founders Fund, General Catalyst and Khosla Ventures are amongst the shareholders.Oscar Health was founded in 2012 by CEO, Mario Schlosser; Kevin Nazemi and Joshua Kushner. In 2018, Alphabet took a nearly 10% stake for $375M.The company sells health insurance coverage to individuals, families, small businesses and Medicare users, with 529,000 customers on its technology platform across 18 states.Oscar Health's membership increased 75% to 402,044 as of December 31, 2020 compared to 229,818 in 2019. In 2020, premiums jumped 60% to $1.67B, revenue fell 5.2% to $462.8M and net losses widened to $406.8M from $261.2M in prior year.Goldman Sachs, Morgan Stanley and Allen & Company are lead underwriters for the offering.Another red-hot IPO grabbing investors eyeballs is SoftBank-backed Coupang (CPNG) which seeks to raise around $3.6B from an initial public offering in New York.South Korean e-commerce giantCoupang expects to price its U.S. IPO at $27-$30 a share. At the top end of the range, CPNG will be valued at as much as $51B.Cryptocurrency exchange giant Coinbase’s (COINB) public listing is also highly anticipated. It is expected to be one of this year’s biggest, as the buzz is that thevaluation could exceed $100B.Coinbase 2020 revenues reached $1.3B, more than double from 2019 and the profits came to $322M. The assets under custody are about $90B.The co-founders Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, former trader at Goldman Sachs started the company back in 2012.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":8,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}