$8bn windfall for Circle’s VC backers
General Catalyst and IDG Capital were the biggest winners in Circle's IPO, with each holding 20.9m shares valued at $1.7bn at the closing price of $83.23.
General Catalyst and IDG Capital were the biggest winners in Circle's IPO, with each holding 20.9m shares valued at $1.7bn at the closing price of $83.23.
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