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Chronicles

The story behind the story

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E-commerce marketing company Klaviyo prices its 19.2M shares at $30 each, above its $27-$29 range, raising $576M in its IPO at a $9.2B fully diluted valuation

Bloomberg :

Bloomberg

Discussion

  • @jasonlk @jasonlk on x
    Klaviyo's IPO tomorrow will be an ultimate yardstick for SaaS in 2023/2024 Top growth, top margins, top founders, will cruise past $1B in ARR Whatever multiple they end up trading at ... You are almost certainly worth less