Will Databricks go IPO by 2025?
Curious, can one sell in the secondary market or does Databricks do buy back?
They did buyback for early employees, at abysmal value.
Huh?
2 years from now is 2026.
Need IPO to yeet me to a beach for a year
Don't care
That is surprising- how are you dealing with the paper money?
It's a lotto ticket until it becomes liquid. So nothing to deal with.
We expect it to happen in about 2 years.
We’ve also been saying this from the past 4 years
Yes. And ?
69% chance we’ll IPO by end of next year
Lol, that’s a very specific number you have shared.
And 420% chance we’ll IPO >50B
RSUs start to expire early 2026, so ipo by mid-2025 or .. raise a round like stripe did to convert to common shares and cover taxes
Thank you for sharing. What does the other option mean? Do employees get any money?
How are people with expiring RSUs in 2026 feeling?
Confident due to what Stripe did recently to take care of both current and former employees holding RSUs We also have A16z on the our board, so it would be quite a shocker if DBRX did something radically different than Stripe
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Lol, why waste time commenting? Or did you get rejected?
Never even applied. I’m already a millionaire and about to retire.