Revolut reportedly targets $200 billion valuation for IPO
According to the Financial TimesRevolut would consider entering the public markets by 2028 on a basis of 150 to 200 billion dollars, a level which would place British fintech beyond any comparison with its peers in the sector (BNP PARIBAS is currently capitalized at 102.6 billion euros, Crédit Agricole 53.38 billion euros, etc.) and would bring it closer to the major global technology platforms.
The company, which posts around 5.2 billion euros in revenue and almost 2 billion euros in pre-tax profit, would rely on the recent obtaining of its banking license in the United Kingdom to support this valuation. The profit-sharing scheme of its founder, Nik Storonsky, could give him up to 40% of the capital if the highest thresholds are reached.
Exit from the road for BlaBlaCar buses
BlaBlaCar announces the cessation of its bus operator activity in France, with the elimination of 40 positions, citing recurring operating losses in a structurally unbalanced market. Faced with increasing costs and intense competition, notably from FlixBus, the company renounces a capitalistic model to favor an intermediation role. Ticket distribution will be maintained on the platform, which now intends to orchestrate the offer of third-party coach operators rather than exploit it directly.
Tim Cook is preparing to leave Apple: between remarks from Trump and tributes from Buffett and Altman
On the occasion of the announcement of Tim Cook’s departure from Apple’s general management on September 1, US President Donald Trump returned to their first exchange: “When I received the call, I said to myself: ‘Wow, it’s Tim Apple (Cook!) who’s calling, do you realize?’ It was still something that the boss of Apple called me to “lick my boots”. »
In a more measured register, Warren Buffett praised the role of the manager: “Apple would not be the Apple of today without Tim Cook. » The investor also admitted to having sold part of his stake too early, while recalling that his early entry would have allowed him to generate more than 100 billion dollars in pre-tax gains. Apple nevertheless remains the top line in Berkshire Hathaway’s portfolio, confirming its structuring weight in its allocation strategy.
Finally, the CEO ofOpenAI, Sam Altmansaid: “Tim Cook is a legend. »
Since the arrival of Tim Cook at the head ofApple in 2011, the group’s capitalization increased from around 350 billion to almost 4,000 billion dollars. Over the same period, turnover increased from 108 to more than 400 billion dollars, while net profit increased almost fourfold. The stock gained nearly 1,900%, significantly outperforming the benchmark indices.
At Doctolib, equity really pays
Doctolib CFO Pierre Vergnes displays his satisfaction in a linked-in post, after the closing of a secondary operation allowing dozens of employees and former employees to sell their shares. In a market where exits are becoming rarer and SaaS financing is contracting, the transaction brings concrete liquidity to profiles engaged for sometimes more than ten years, a strong signal in a cycle that is nevertheless not very favorable.
The operation materializes a promise that many scale-ups make without ever keeping it: transforming equity into real value for those who have deserved it. By structuring its own liquidity rather than waiting for a favorable market window, Doctolib sends a message to its future recruits: the commitments made are not conditional promises.
