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EquityZens’ Databricks Fund

Curious what the consensus is for the recent fund for Databricks stock (details attached). It’s a lower valuation than their recent funding round and combined with the poor stock market and IPO performance this year, curious to hear people’s thoughts, especially from Databricks. #investments investments

Databricks datasaur Mar 25, 2023

Doesn't look that bad lol

LinkedIn ok-tata Mar 25, 2023

18.35% is what the ‘seller’ is liquidating at. It doesn’t mean that’s the right valuation.

Salesforce oYCq50 Mar 25, 2023

36b that's a Lotta chedda

Oracle wfaas Mar 25, 2023

What? The hottest unicorn needed to raise from equityzen? Seemed a red flag. Nothing wrong with equityzen. But is databricks running out of money?

Databricks datasaur Mar 25, 2023

What are you talking about? That's for private investors

Oracle wfaas Mar 25, 2023

Or is some one trying to exit?

Databricks cguw4739x Mar 25, 2023

That

Databricks jskqui Mar 25, 2023

It's just noise. Price is higher than the public market would allow, especially in these layoff frenzy times. Our Dolly announcement would have caused a bump due to the GPT hypetrain. We're doing well and that's why our competitors are increasingly concerned. It's an exciting space to be sure and there's plenty of upside remaining in the Data and AI sphere.

Google AllNighter Mar 25, 2023

Would you recommend putting 20k here?

Databricks eji10Gu Mar 25, 2023

asking an employee that question is an odd choice. we are all effectively putting hundreds of thousands of dollars there

Meta rel99 Mar 27, 2023

Any data about last equityzen Databricks sell?

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NdkR56 Apr 23, 2023

They don’t report that but you can see it on Hiive

Pure Storage HHCN38 Mar 29, 2023

The numbers don't quite make sense. Here it says: $60 -> $36.72B so 612M shares. But we also saw: $73.33 -> $38B which is 518M shares. Which one is correct?

Meta rel99 Mar 29, 2023

The increase due to refreshers, I think at this point fully diluted market cap is $45B

Pure Storage HHCN38 Mar 30, 2023

But, that would be $6B refresher at $60. Too much?