Who has invested in Juul?
Current company investors include Tiger Global Management, mutual fund firm Fidelity Investments, and Tao Capital. In June 2018, Juul reportedly raised $1.2 billion in a financing round that valued the company at more than $16 billion.
Can I buy a Juul at age 18?
Our Website contains age-regulated products, which may include minimum purchasing and usage age requirements. We take the prevention of underage use very seriously. JUUL and all other nicotine products should never be used by anyone under the legal age.
What is Juul stock worth?
Altria invested $12.8 billion to purchase a 35% stake in Juul in December of 2018, valuing Juul at $38 billion. It now values the company at about $12 billion, after writing down the value of its stake by $4.5 billion in October.
Is Juul owned by Marlboro?
Juul Labs Inc. may be a four-year-old company based out of San Francisco, but Altria Group Inc. (MO), the maker of Marlboro cigarettes, valued the e-cigarettes maker at $38 billion when it invested $12.8 billion late last year for a 35% stake.
Is Juul losing money?
Embattled e-cigarette company Juul has lost more than a third of its value. Sources told CNBC’s David Faber that a decent-sized stake in the privately held company now trades for $90 a share, down from $300 in July when the company was valued at $38 billion.
How do you get Juul at 18?
Your only option is through an older friend who can buy it. But most people won’t agree to it, because it is illegal, and they can serve jail time if your caught. The only other place you “might” be able to get it, is on eBay. However it will be used.
Will Juul go public?
Since Juul is not publicly traded on a stock exchange, there is no Juul stock price yet. You can buy Juul stock during or after the IPO occurs. The IPO date is not yet set, and there are no public filings with the SEC.
What did Altria pay for Juul?
Facing an accelerating decline in cigarette sales, Altria in 2018 paid $12.8 billion cash for a 35% stake in Juul, making it one of Silicon Valley’s most valuable startups.
Does Juul have public stock?
Juul is a private company—its shares aren’t publicly traded. The foundation owns private shares through its investment in Tiger Global Management, a hedge fund. … Juul spokesman Joshua Raffel says: “From investors to employees, Juul Labs is deeply concerned about youth usage and is committed to fighting it.1 мая 2019 г.
What does Juul stand for?
JUice USB Lighting
Why did Marlboro invest in Juul?
RICHMOND, Va. —The biggest U.S. tobacco company has made a $12.8 billion bet on a company whose stated goal is to get smokers to drop cigarettes. The calculated gamble: The move will help the Marlboro maker keep up with a quickly changing market. The risk: It could hasten its own decline.