Daily Crunch: Fiverr goes public

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1. Fiverr shares climb 90% in first day of trading

Freelance marketplace Fiverr had a good first day on the New York Stock Exchange.

The company priced its IPO at $21 per share on Wednesday, raising around $111 million. It then started trading at $26, with shares climbing for most of the day and closing at $39.90 — up 90% from the IPO price.

2. Facebook backs social commerce startup Meesho in first India investment

Y Combinator alumnus Meesho is an online marketplace that connects sellers with customers on social media platf