Tag: co-founders Andy Fang

DoorDash saw its offers take off more 86% in the wake of opening at $182 Wednesday. DoorDash CEO Tony Xu and prime supporters Andy Fang and Stanley Tang have joined the very rich people club. The food conveyance stage's first sale of stock pushed Xu's total assets to around $3.1 billion, with Fang and Tang's total assets each coming to generally $2.8 billion, as indicated by a report. Xu possesses 4.6% of the organization, while Fang and Tang own 4.2% every, Celebrity Net Worth announced. DoorDash, which started exchanging Wednesday under the name DASH, saw its offers take off over 86% subsequent to opening at $182, well over its underlying valuing of $102 per share Tuesday night. DoorDash shares were at first expected to cost somewhere in the range of $90 and $95 each. Wed...