Strava plots Wall Street debut as running boom boosts fitness app
CEO Michael Martin targets US IPO to raise capital for deals to keep Strava ahead of rivals including Garmin and Nike
CEO Michael Martin targets US IPO to raise capital for deals to keep Strava ahead of rivals including Garmin and Nike

Platform for trading stakes in private start-ups went public in 2021 through reverse merger with blank cheque company

In 2024, Mike Martin stepped into the CEO role at Strava—and quickly began steering a turnaround driven by Gen Z runners,…

Volatility is keeping market-making desks active at a time when mergers and issuance have slowed

Buying and flipping shares in primary issues is proving fruitful but companies should prefer less-fickle investors

Figma’s blockbuster IPO highlights the outsized gains that can be made from early-stage investment

Blank cheque companies are enjoying a fresh moment in the sun as the traditional IPO market struggles