These One Medical investors win healthy returns as IPO soars

The first Bay Area IPO of the year looks like it will make its early investors quite happy. The market cap of 1Life Healthcare Inc., which operates more than 70 One Medical members-only clinics, jumped to more than $2.7 billion in its first day of trading on Friday. That's well above the $1.5 billion the business was figured to be worth after it raised its last round of funding led by The Carlyle Group less than six months ago. It's also many times more than where One Medical was valued when investors…

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