Filing: Toast, which offers cloud-based restaurant management tools, seeks $717M in US IPO at a valuation of as much as $16.5B, after pricing shares at $30-$33
meanwhile a restaurants payments company that lost $235 million just in the past 6 months is going public at a ~$17 billion valuation https://www.bloomberg.com/...
@danprimack
Dan Primack on x
Toast sets IPO terms. Market cap of $15.7 billion, if it prices in the middle. That's big for a Boston tech co. https://www.sec.gov/...