As Synthetic Biology Company Ginkgo Bioworks Starts Trading, Its Five Founders Briefly Become Billionaires

... [+]

their families and some 400 employees stand in front of a T Rex poster celebrating the start of trading on the NYSE.Some 400 employees of synthetic biology company Ginkgo Bioworks traveled to New York City to celebrate the company’s start of trading today on the New York Stock Exchange. In the late morning, the Boston-based company’s shares peaked at $14.

in a Zoom call from the floor of the stock exchange. “We’re a bunch of nerds. . . . All that value is in Ginkgo, it’s not a billion dollars in cash in your pocket.” Ginkgo was founded in 2008 by MIT Ph.D. classmates Kelly, Shetty, Canton and Che and their professor Knight. Shetty and Canton are married.allowing them to reinvent the way we make everything from fertilizers to industrial products.

Named after a dinosaur-era tree that’s a living fossil, Ginkgo has taken a dual approach: It receives revenue from its foundry, and it has created a portfolio of companies in diverse industries, including Joyn Bio, focused on ag tech, and Motif Foodworks, in alternative proteins.

horrible

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Ginkgo Bioworks begins trading on the NYSE after completing SPAC mergerBoston-based Ginkgo Bioworks began trading on the New York Stock Exchange on Friday, becoming the latest company to close a SPAC merger and go public. thanks
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Ginkgo Bioworks begins trading on the NYSE after completing SPAC mergerBoston-based Ginkgo Bioworks began trading on the New York Stock Exchange on Friday, becoming the latest company to close a SPAC merger and go public. thanks
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Some Vaping Companies Are Turning to Synthetic Nicotine to Outsmart the FDAIt's a regulatory gray area
Herkunft: TIMEHealth - 🏆 121. / 63 Weiterlesen »

As RedBird Capital Eyes SpringHill Investment, LeBron James Continues March Toward Billionaire StatusLeBron James is one step closer to cashing in on his entertainment business in a deal that would still leave the NBA superstar short of becoming basketball’s second billionaire. thanks All my achievements started with a determination to try, I took a bold decision with Lisakendriick which impact so much on my financial status. I thank my friend for introducing you to me.
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »