Chime almost died in 2016, turned down by 100 VCs. Today it IPO'd at $14.5B.
1. Chime raised $864 million in its IPO, pricing above expectations. 2. Shares opened at $42, reflecting robust retail investor interest. 3. Chime's revenue grew significantly, projecting $1.7 billion for 2024. 4. The company reduced losses from $203 million in 2023 to $25 million in 2024. 5. Chime faced challenges, including regulatory hurdles and initial investor reluctance.