GitLab raises IPO range, targeting valuation of as much as $11B
https://techcrunch.com/2021/10/13/gitlab-raises-ipo-range-targeting-valuation-of-as-much-as-11b/
It’s no longer Hot Summer anything, sadly, as the seasons change. But perhaps we’re in for Warm IPO Autumn.
Rent the Runway, NerdWallet and other companies are setting us up for a busy second half of October. But this week will see the debut of a company worth a multiple of those other venture-backed former startups as GitLab goes public. And the developer tooling company recently turned up the valuation heat.