LXer: Want a piece of GitLab? It's going to cost you: IPO price per share settles at $77
by LXer from LinuxQuestions.org on (#5QR2S)
Published at LXer:
The one-stop shop approach by DevOps darling GitLab appears to have attracted an Initial Public Offering price of $77, giving the loss-making biz a potential valuation of $11bn. GitLab finally filed for an IPO in September and this week upped the estimated price per share to between $66 and $69. The eventual price has turned out to be $77, well above the initial $55 to $60 first estimated.
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The one-stop shop approach by DevOps darling GitLab appears to have attracted an Initial Public Offering price of $77, giving the loss-making biz a potential valuation of $11bn. GitLab finally filed for an IPO in September and this week upped the estimated price per share to between $66 and $69. The eventual price has turned out to be $77, well above the initial $55 to $60 first estimated.
Read More...