Pre-IPO Sector News Update

September 8, 2020

• Last week, Optimizely was acquired by Episerver.

• Robinhood was under civil fraud investigation from the SEC for failure to disclose that the company sold customers’ orders to high-speed trading firms.

• Wish filed documents for its upcoming IPO

OPTIMIZELY

“Goldman-Backed Startup Optimizely to Be Bought by Episerver"

• https://www.bloomberg.com/news/articles/2020-09-03/goldman-backed-startup-optimizely-to-be-acquired-by-episerver

ROBINHOOD

“Robinhood Reportedly Hit By SEC Fraud Probe, Possible Fine Of Over $10 Million"

• https://www.forbes.com/sites/sergeiklebnikov/2020/09/02/robinhood-reportedly-hit-by-sec-fraud-probe-possible-fine-of-over-10-million/#11ee0571619e

WISH

“General-Atlantic Backed Wish Confidentially Files to go Public"

·         https://www.reuters.com/article/us-wish-ipo/general-atlantic-backed-wish-confidentially-files-to-go-public-idUSKBN25R1XV