Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20)....
Venture capitalists (VCs) are reportedly telling startups to put plans to go public on hold. As the Financial Times (FT) reported Sunday (Oct. 1), that sentiment has become popular following the underwhelming initial public offerings (IPOs) of two high-profile companies. “In our portfolio we would...
Klaviyo is reportedly considering pricing its initial public offering (IPO) at the top of its indicated price range or even slightly above it. The marketing automation company is in discussions with its IPO underwriters about the possibility of selling shares at $29 or $30 apiece, Reuters reported Tuesday...
Marketing automation platform Klaviyo is aiming for a valuation of $9 billion when it goes public. The company on Monday (Sept. 18) estimated in a filing with the Securities and Exchange Commission that its initial public offering (IPO) price would be between $27 and $29, compared to the $25...
October 20, 2023
Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20). Chipmaker Arm, grocery delivery platform Instacart and sandal seller Birkenstock […]
October 01, 2023
Venture capitalists (VCs) are reportedly telling startups to put plans to go public on hold. As the Financial Times (FT) reported Sunday (Oct. 1), that sentiment has become popular following...
September 19, 2023
Klaviyo is reportedly considering pricing its initial public offering (IPO) at the top of its indicated price range or even slightly above it. The marketing automation company is in discussions with...
September 18, 2023
Marketing automation platform Klaviyo is aiming for a valuation of $9 billion when it goes public. The company on Monday (Sept. 18) estimated in a filing with the Securities and Exchange Commission that its...