Tuesday, October 10, 2017

MongoDB could be worth less than $1 billion at IPO - Business Insider

Pre-IPO investor transaction durability not guaranteed...

"At the mid price, MongoDB would raise about $152 million and be worth about $930 million, according to PitchBook.

That's quite a bit shy of its last valuation as a private company of $1.6 billion.

The New York-based database company has been a darling of the VC world. It raised over $311 million from private investors with later investors paying as much as $16.72/share, according to PitchBook (and earning dividends on those shares)."
MongoDB could be worth less than $1 billion at IPO - Business Insider
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