Corrie Driebusch

New York

Reporter at The Wall Street Journal

@WSJ reporter covering IPOs. Chicago native. @NorthwesternU alum.

Articles

Exclusive | Delaware AG Hiring Investment Bank to Advise on OpenAI Conversion

1 week ago | wsj.com | Berber Jin |Corrie Driebusch

Startup must determine how to distribute equity in the new public-benefit corporationOpenAI is undergoing a transformation meant to help it attract more investors and potentially go public. Securing the state approvals it needs to do so is proving complicated. Delaware’s attorney general is in the process of hiring an investment bank to help it independently value the equity OpenAI’s nonprofit parent will hold in a new for-profit entity, according to people familiar with the matter.
StubHub’s CEO Isn’t Delusional. That’s Why He Hasn’t IPO’d Yet.

1 week ago | wsj.com | Corrie Driebusch |Anne Steele

The online ticket platform has been planning to go public for three years. It may finally happen this summer. On April 3, StubHub Chief Executive Eric Baker met with his bankers to discuss the precarious state of the company’s planned initial public offering. Stocks had just shed more than $3 trillion in value, jolted by President Trump’s “Liberation Day” tariff announcement, and StubHub’s market debut was in jeopardy. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
IPO Market, Frozen Since Liberation Day, Shows Some Signs of Thaw

4 weeks ago | wsj.com | Corrie Driebusch

The IPO market is perking up after being on pause since Liberation Day. U.S. stock indexes swooned and large companies like StubHub, Klarna and Hinge Health halted their spring IPO plans after President Trump announced sweeping tariffs on April 2. Now some are reconsidering. Hinge Health, a venture-backed virtual physical therapy company, is considering launching its IPO roadshow pitch to investors on Monday, according to people familiar with the matter.
IPO Market, Frozen Since Liberation Day, Shows Some Signs of Thaw

4 weeks ago | finance.yahoo.com | Corrie Driebusch

The IPO market is perking up after being on pause since Liberation Day. U.S. stock indexes swooned and large companies like StubHub, Klarna and Hinge Health halted their spring IPO plans after President Trump announced sweeping tariffs on April 2. Hinge Health, a venture-backed virtual physical therapy company, is considering launching its IPO roadshow pitch to investors on Monday, according to people familiar with the matter.
How RFK Jr.’s Rise Could Benefit the ‘Food Babe’ and Other MAHA Acolytes

4 weeks ago | wsj.com | Kristina Peterson |Corrie Driebusch

HHS secretary elevates lightly regulated wellness companies and allows advisers to keep investments, after vowing to end conflictsWASHINGTON—Before taking office, Robert F. Kennedy Jr. vowed to avoid conflicts of interest in U.S. health policymaking, and said food companies and drugmakers exerted too much influence.
GOP Lawmakers Vote to Eliminate Accounting-Firm Watchdog

1 month ago | wsj.com | Walden Siew |Corrie Driebusch

PCAOB leadership has been revamped by the past two presidential administrations, and the watchdog has been bracing for another shake-up under President Trump’s overall agenda for broader deregulation. The Securities and Exchange Commission oversees both the accounting authorities at the Financial Accounting Standards Board and their auditing counterparts at the Public Company Accounting Oversight Board. But because of the way each is set up, the PCAOB is much more exposed to an overhaul.
マスク氏の友人が非公開株で大もうけ、からくりは

1 month ago | jp.wsj.com | Susan Pulliam |Corrie Driebusch |Becky Peterson

大きな利益を生む非公開株取引のおかげで、スペースXは米国最大規模の企業になっても世間の監視の目を逃れられるアントニオ・グラシアス氏は米実業家のイーロン・マスク氏と古い友人だ。投資会社バロー・エクイティ・パートナーズの創業者であるグラシアス氏とその家族は、クリスマスも、カリブ海のバハマやワイオミング州ジャクソンホールでの休暇も、マスク氏と共に過ごす。マスク氏との関係は、グラシアス氏には大きな見返りがあった。証券当局や裁判所に提出された文書によると、グラシアス氏が大富豪になった一つの要因は、マスク氏の企業のほぼ全てに投資したことにある。グラシアス氏とバローは、マスク氏の側近グループ内の立場を利用して金もうけをする新たな方法を見つけた。それは厳重に管理されているマスク氏の非公開企業の株式に投資する機会を外部の裕福な投資家に販売することだ。宇宙開発ベンチャー・スペースXの取締役で電気自動車（EV）大手テスラ TSLA 9.80%increase; green up pointing triangle...
A Side Hustle for Friends of Musk: Selling Access to Stakes in His Private Companies

1 month ago | tovima.com | Susan Pulliam |Corrie Driebusch |Becky Peterson

Antonio Gracias and Elon Musk go way back. The Valor Equity Partners founder and his family spend their Christmases with Musk and vacation with him in the Bahamas and Jackson Hole, Wyo. For Gracias, it has been a lucrative relationship. He has become a multibillionaire in part by investing in nearly all of Musk’s companies over the years, according to public filings and court documents.
A Side Hustle for Elon Musk’s Friends: Selling Access to Stakes in His Private Companies

1 month ago | wsj.com | Susan Pulliam |Corrie Driebusch |Becky Peterson

April 24, 2025 9:00 pm ETAntonio Gracias and Elon Musk go way back. The Valor Equity Partners founder and his family spend their Christmases with Musk and vacation with him in the Bahamas and Jackson Hole, Wyo. For Gracias, it has been a lucrative relationship. He has become a multibillionaire in part by investing in nearly all of Musk’s companies over the years, according to public filings and court documents.
Next Deal for Top Tech Banker: Drive More Investments to the U.S.

1 month ago | wsj.com | Corrie Driebusch

Technology banker Michael Grimes, speaking at a conference in 2010. (Noah Berger/Bloomberg News)President Trump’s tariff policies are designed to bring more production and manufacturing back to the U.S. He now has a star investment-banker in his corner. Michael Grimes, who spent three decades at Morgan Stanley as Silicon Valley’s top IPO rainmaker, is taking a new role to lead the president’s U.S. Investment Accelerator, an office to encourage companies to invest money in the U.S. Read more: