Hearing rumors they are planning IPO in 1-2 years timeline. Good time to switch? TC:520k
I don’t think you will get financial freedom if you join now. The business is indeed doing good though, I would be thrilled if it can grow 5x in 2 years, I.e, 50B at IPO
Financially, it's a bad time to join pre-IPO companies that raised money in 2021, unless they also slashed their valuation like Instacart.
So much this ! I think the days of IPO always being an up-round compared to last raise is over (at least for now)
It’s true for companies burning though cash like gig companies. Rippling has a solid growth road map with uptrending ARR. They are also opening offices in Seattle and South Bay. But like you said if all of this was already factored in during last valuation then probably over valued.
lol. everyone is planning in 1-2 years. it’s empty statement
Is the product actually as good as advertised and can they be the market leader? I’ve tried researching online but I find mostly 4-5 star reviews. The HR tech space is definitely crowded though
The product is good. I'm so numb to the marketing speak, but after joining, it really is built differently. The infrastructure is made in a way to allow for some pretty insane velocity.
Op what did you do?
Also someone I interviewed with there said ipo in 2-3 yrs
Did you join rippling?
Would love to heard from you, Google-mate! Did you join them? How was the interview?
Overvalued
What's the current valuation
Last round was 6.5B but currently they are valuing themselves at 10.