ServiceTitan’s shares surged by 42% in their Nasdaq debut after raising $625 million in their IPO, with a market cap of $6.3 billion and an opening stock price of $101. The company is the first major tech IPO since late 2021, signaling a growing appetite for tech investments, despite challenges like rising interest rates. ServiceTitan, founded in 2007 by Vahe Kuzoyan and Ara Mahdessian, provides cloud software for contractors and had a net loss of $47 million on $198.5 million in revenue in the October quarter, showing strong growth but widening losses.
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Iconic cafe serving the ‘best full English breakfast’ in London has been saved
London's iconic Regency Cafe, known for its "best English breakfast," has reopened under new owners Fevzi and Zafer Gungor after being briefly closed for sale. Their plans include enhancing the cafe's offerings, extending hours, and potentially expanding its brand globally while maintaining its beloved traditional charm. Want More Context? 🔎
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