NYSE sets ZipRecruiter's reference price at $18 per share for its direct listing on Wednesday, which would give it a fully diluted valuation of about $2.4B
- Job search, recruiting company set for trading debut Wednesday — Year's 4th direct listing after Squarespace, Coinbase, Roblox
Squarespace stock closed down ~9% at $43.65, after opening at $48 per share, valuing the company at ~$5.9B, well below its $10B valuation in March
Bloomberg :
NYSE sets Squarespace's reference price at $50 per share for its direct listing on Wednesday, which would give the company a market value of about $6.8B
- Web-hosting service going public via direct listing Wednesday — Squarespace was valued at $10 billion in March funding round
Squarespace files for a direct listing on NYSE, says it had revenues of $621.1M in 2020, up 28% YoY, net income of $30.6M, and operating cash flow of $150M
Our board of directors recognizes the fact that transactions with related persons present … Abigail Opiah / TechRadar : Squarespace dodges IPO in replace of Direct Listing Tweets: Dan Primack / @danpr...
Squarespace raises $300M in a round valuing it at $10B, two months after it filed confidentially to go public via a direct listing or an IPO
Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation.
Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017
Bloomberg :
Source: General Atlantic to invest $200M in Squarespace, to be used for stock buybacks, at a $1.7B valuation; CEO says firm has $300M annual revenue, up 50% YoY
$200 million will mostly go toward cashing out early backers — Website builder generated $300 million in revenue this year Thanks: @tsgiles