Coursera prices IPO at top end of its range in boon to edtech valuations

Coursera prices IPO at top end of its range in boon to edtech valuations

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/31/coursera-prices-ipo-at-top-end-of-its-range-in-boon-to-edtech-valuations/

Coursera, an edtech unicorn, will begin its life today as a public company after pricing its IPO at $33 per share yesterday evening. Using a simple share count, the company’s valuation comes to $4.30 billion, or $4.38 billion if its underwriters exercise their option to purchase shares at its offering price.

A more diluted share count pushes the valuation of Coursera over the $5 billion mark.