Cruise planning to go IPO

Salesforce Milkway
Jun 19, 2018 11 Comments

Wow I’m expecting offer from Cruise.

though I want to know is Cruise planning to do IPO anytime soon ? Or is GM stock a good value to accept offer currrently.

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TOP 11 Comments
  • New / Eng
    Atrous

    New Eng

    PRE
    Google, Facebook
    Atrousmore
    Why would it be anytime soon? It sounds like a year or two until the spinoff is official, and contingent on hitting goals. IPO probably depends on sound financials and maybe profit.
    Jun 19, 2018 0
  • Amazon amazon.com
    Post your offer once you have one..
    Jun 20, 2018 0
  • Apple Xiang1
    Is it even possible that a company owns by GE to go IPO itself?
    Jun 19, 2018 2
    • Salesforce Milkway
      OP
      Typo I assume it’s GM
      Jun 19, 2018
    • Google 🎱figga
      Spinoff
      Jun 19, 2018
  • SecureWorks / Eng
    EUE1337

    SecureWorks Eng

    BIO
    Security solution architect
    EUE1337more
    Caution spinoffs where the parent company maintains material control or ownership. Our company is a Dell tech subsidiary/ "spinoff" and the security largely trades in a channel with old tech growth projections. At some points cash is more attractive than equity grants.
    Jun 20, 2018 1
    • New / Eng
      Atrous

      New Eng

      PRE
      Google, Facebook
      Atrousmore
      It is different if their private stock has liquidity events per year (convert to GM). More upside less risk.
      Jun 20, 2018
  • Cruise Automation Pagespop
    Nov 11, 2018 0
  • Cruise Automation / Eng
    Tc:trefity

    Cruise Automation Eng

    PRE
    eHarmony
    BIO
    If it’s not broken it doesn’t have enough features.
    Tc:trefitymore
    I know
    Jun 26, 2018 0
  • Cruise Automation / Eng ✉️
    No one knows. We weren't originally expecting one since GM already acquired us.
    Jun 20, 2018 0
  • Amazon Lbhkfb
    What role are you getting?
    Jun 19, 2018 0