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FinTech

Iconiq VCs spent two years courting Chime and the firm isn’t selling its stake


The VC tech world was abuzz on Thursday when neobank Chime successfully became a public company. Chime raised $864 million on its $27 share price, which popped big, opening at $43. 

This wasn’t the biggest IPO of the year. CoreWeave, for instance, raised $1.5 billion in March, and its first-day market cap hit around $14 billion, too. (Its share price and valuation has soared since then.)

However, Chime’s cap table includes an absolute who’s who of Silicon Valley investors, many of whom are publicly and privately celebrating the win…



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