![Sources: as German car trading service Auto1 plans its IPO, Sequoia and Lone Pine will each buy ~€50M in shares from existing investors and put €50M+ in its IPO](https://swaggyarticles.com/wp-content/uploads/2023/03/Screenshot-24-1.png)
Sources: as German car trading service Auto1 plans its IPO, Sequoia and Lone Pine will each buy ~€50M in shares from existing investors and put €50M+ in its IPO — – Lone Pine also purchases stock from early backer DN Capital — Both funds want to buy more shares in Auto1’s planned IPO.