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The rise of low-margin, no-margin unicorns

Yesterday evening, Vroom, a digital used car retailer, priced its IPO at $22 per share, a figure that was a full $7 above the low end of its first proposed IPO price range. The venture-backed firm fir

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Vroom targets nearly $2B valuation in impending IPO

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Used-car marketplace Vroom continued its march towards going public yesterday with