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Axios Apr 16
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Silicon Valley forecast: IPO wave from startups

Rider users Uber app in London
Uber is worth billions and is still private. Photo: Chris J. Ratcliffe/Bloomberg via Getty Images

"Investors, bankers and analysts [expect] a wave of initial public offerings to bring some of the most highly valued and recognizable start-ups to the public market over the next 18 to 24 months," the New York Times' Jack Nicas reports from San Francisco.

Why it matters: That means "billions of dollars in returns to their executives and investors," the report says.

  • "The potential bonanza would follow years of waiting as a few dozen companies amassed valuations without precedent in the private market."
  • "[I]nvestors, who back tiny start-ups with the hope that they will someday go public or be sold for nine- or 10-figure sums, have enjoyed enormous paper gains in recent years. But few have cashed in, because their fast-rising companies, like Uber and Airbnb, have remained private."
Axios 2 hours ago
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Haley Britzky 3 hours ago
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Extremist with ties to 9/11 captured by U.S.-backed Syrian forces

Fighters of the Syrian Democratic Forces (SDF) stand guard on a rooftop.
Fighters of the Syrian Democratic Forces stand guard on a rooftop in Raqa on October 20, 2017. Photo: Bulent Kilic/AFP/Getty Images

Mohammed Haydar Zammar, a Syrian-born German extremist who is believed to have links to the 9/11 attacks, is being questioned by the Syrian Democratic Forces, NBC reported Wednesday, citing an AFP report, and CNN confirmed on Thursday.

Why it matters: Per CNN, Zammar "is believed to have recruited some of the perpetrators" for the 9/11 attacks. Zammar was "a well-known figure in the Muslim community (and to German and U.S. intelligence agencies by the late 1990s)," the 9/11 Commission Report stated, according to NBC. Pentagon spokesman Eric Pahon told CNN that Zammar "was captured more than a month ago by SDF partners as part of their ongoing operations to defeat ISIS inside Syria."