Hi All,
https://www.marketwatch.com/story/elastic-sets-ipo-terms-to-…
Elastic has set its IPO terms, looking to raise slightly over $200 million, and expected to price between $26-$29. That would value the company richly at $1.8 to $2.02 Billion.
Before you ask, they did not specify a date! Hopefully soon and hopefully doesnt open at $60 a share.
Best,
Matt
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Update:
Elastic intends to go public on October 4 - hopefully.
I’ve found the roadshow presentation - its a 21 min video featuring the CEO, CFO, and CRO (Revenue officer).
Helpful video, and makes understanding the company a little easier to see in a visual format, rather than the dry eye reading of a prospectus.
https://www.retailroadshow.com/
From the this main page, just click the elastic presentation right below Capital Bancorp
Best,
Matt
13 Likes
Enticing . . .
Any idea how Eastic plays against Alteryx? How about New Relic?
Yes, from what I’ve read, the company does offer APM as well as Big Data analytics. I believe these would be complimentary products that could be added to the enterprise search.
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Is Elastic ipo today? Cannot find the stock price.
It is supposed to be priced tonight, and will start trading tomorrow.
https://www.nasdaq.com/markets/ipos/activity.aspx?tab=upcomi…
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