3 things GitLab’s wild IPO pricing says about public markets

3 things GitLab’s wild IPO pricing says about public markets

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/14/3-things-gitlabs-wild-ipo-pricing-says-about-public-markets/

Sitting here waiting for GitLab to actually start trading, I’m still digesting the company’s IPO price.

When we first caught up with GitLab’s IPO filing, TechCrunch did a little math magic and decided that it wasn’t unlikely that the company would manage to secure a $10 billion valuation in its debut.