Disappointing returns have made investors especially sensitive to the valuations of new IPOs. Along with a broad contraction in high-flying growth stocks (e.g. ZM, PD), many of the year's most high-profile, highly-valued growth IPOs have lost 20% or more...read more
The IPO market is in full swing with 14 filings this week, led by Uber (UBER), the world's largest ridesharing platform. We estimate that Uber could raise as much as $10 billion as it reportedly seeks a $90 to $100 billion valuation, making it the...read more
PagerDuty, which provides a SaaS platform that monitors and alerts businesses of IT issues, raised $218 million by offering 9.1 million shares (6% insider) at $24, above the upwardly-revised range of $21 to $23. The company had originally proposed a range...read more
PagerDuty, which provides a SaaS platform that monitors and alerts businesses of IT issues, raised the proposed deal size for its upcoming IPO on Tuesday.
The San Francisco, CA-based company now plans to raise $200 million by offering 9.1 million shares (6%...read more
Challenging IPO market causes October deals to price down
Disappointing returns have made investors especially sensitive to the valuations of new IPOs. Along with a broad contraction in high-flying growth stocks (e.g. ZM, PD), many of the year's most high-profile, highly-valued growth IPOs have lost 20% or more...read more
US IPO Weekly Recap: Your Uber has arrived
The IPO market is in full swing with 14 filings this week, led by Uber (UBER), the world's largest ridesharing platform. We estimate that Uber could raise as much as $10 billion as it reportedly seeks a $90 to $100 billion valuation, making it the...read more
Andreessen-backed tech unicorn PagerDuty prices IPO above the upwardly revised range at $24
PagerDuty, which provides a SaaS platform that monitors and alerts businesses of IT issues, raised $218 million by offering 9.1 million shares (6% insider) at $24, above the upwardly-revised range of $21 to $23. The company had originally proposed a range...read more
Andreessen-backed tech unicorn PagerDuty increases proposed IPO range to $21 to $23
PagerDuty, which provides a SaaS platform that monitors and alerts businesses of IT issues, raised the proposed deal size for its upcoming IPO on Tuesday. The San Francisco, CA-based company now plans to raise $200 million by offering 9.1 million shares (6%...read more