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Sailpoint’s IPO on Thursday was a frustration for everyone I hope the technological thermotes show that the thread is hot again.
The first day’s trade ended under the initial price of $ 23. The fund has removed a better Friday on a Friday over $ 24. However, this is not something close to large bang companies and is hoping for VCS.
For example, in December, the latest technological iPo, Servicetitan, was savagely successful. The sharing price landed from $ 71 to 1 to 1 to 1 to $ 105 and is still trading about $ 100.
Back-back lucky successes would serve as a signal He said it was painfully closed iPo window finally opens.
Instead, retail investors are not wild enthusiasts, and train.
“TechCrunch-in TechCrunch-in Text Security Safety Security Safety Security Safety Security Safety Security Safety Security Safety Security Safety Security Text or software for the Intensive Capital Text or Program IPSta. “
The Renaissance Capital is an IPO market research firm that offers an IPO exchange Trading Fund (ETF).
This was not the beginning, because the sailing point was a little single IPO. Previously, Thoma Bravo was a people’s company earlier until the price of $ 6.9 billion in 2022. The special capital giant is still the majority.
It was a buying company like an IPO, not in the beginning by a classic enterprise. VC-supported beginnings, as well as the beginnings of publications, as with Servicetan, have a kind of growth potential to excite investors.
On the positive side for the passage, the company previously assessed the first $ 60 million worth of $ 19 and $ 21, above $ 23. Submantine point will be used for transactions to $ 1.5 billion in its books to be used for more than $ 1.3 billion the films of the regulation. A market cap of about $ 13 billion, a push from what he pays for Thoma Bravo.
“In no way, we considered this disappointed IPO. We went to the 2nd $ 25 on the 2nd $ 25. A very successful IPO in our minds,” CEO Mark McClain Techcrunch.
However, for a sign seekers for a sign for re-draining IPOs soon (especially step-by-step employees, employees who look after employees: Alarms remain Murky.