Wondering if current Dataminr employees hear any rumors about IPO. With Reddit being successful and the AI wave, I wonder if this is the year. #dataminr
Wow, thank you. Wonder what happened. Back in 2019 I remember paying $22 a share. I’d think all this “we’re an AI start up” thing would finally pay off
That would be an issue for the board/investors imo. Last week the most recent private sale closed that I can see (through Hiive) at $5. This pegs Dataminr at 500m valuation, which would leave the investors super underwater. I’m totally speculating on this next piece: unless there is an “ipo ratchet” I assume board would approve pe/acquisition over ipo so they can dillute away common stock.