2008 TechCrunch50 Finalist TrueCar Goes Public, Raises $70M In Its IPO

Screen Shot 2014-05-16 at 6.41.11 PM Today TrueCar, a company that was selected as a finalist in the 2008 TechCrunch50 event went public, raising around $70 million and gaining nearly 12% to end its first day as a public company at $10.06 per share. The company priced its shares at $9 apiece. That final price was steeply under its expected range of $12 to $14 per share. The current IPO market, for most, is somewhat unsettled.… Read More