Tech IndustryJun 8, 2023
MongoDBRndNm123

ThoughtSpot Stock Valuations

I'm hearing of still very low bids. Curious if you're all hearing the same? I would've assume things were moving back up since the start of the year. #thoughtspot

Snowflake aviatØ Jun 8, 2023

Are they even public? What’s the current valuation?

MongoDB RndNm123 OP Jun 9, 2023

Nah, they're private. But, their last funding was nearly $21-24 / share and the current bids are like $8. Curious if those at TS are seeing it improve.

Snowflake aviatØ Jun 10, 2023

Where do you see this? EquityZen?

Moveworks mwpm Jun 11, 2023

Yup under 9 bucks a piece 😬

MongoDB RndNm123 OP Jun 12, 2023

Where are you seeing this? I heard through Forge, but I have to imagine with multiples coming back up and a nearly 40% pump in tech they'd be starting to normalize back to late 2020 even (which was like $14).

New
xyz12za Jun 20, 2023

Latest secondary price is between 8-11

ThoughtSpot cYEk25 Jun 13, 2023

High burn, mediocre growth

MongoDB RndNm123 OP Jun 16, 2023

That's not a good multiple. Many private companies are down 70%, but man. What's their topline growth right now?

Intel axgbb Jun 28, 2023

Practically no growth. World has changed a lot since they started. Classic declining company.

Intel axgbb Jun 27, 2023

I am hearing insiders with lots of stocks want out at even 5 but won’t openly do it due to fear of crashing everything. Imagine how bad a company is doing that couldn’t justify going public in 2020-2022. Now imagine a portfolio of those companies.