Palantir and Asana to test investor hunger for direct listings this week

This week he’ll get the biggest test yet of the unusual method with the new listings of Asana and Palantir. The bevy of other tech startups that went public in 2020 all used the traditional IPO method. Asana, started in 2008 by Facebook cofounder Dustin Moskovitz, saw its revenue grow 86% to $143 million last year, and 63% in the first half of 2020 to $100 million. It also posted losses of $119 million last year and $77 million in the first half

Read More at Fortune

Ad
Previous articleHow to Make Smart Bets in Business
Next articleUS Stock Market Overview – Stock Slide as COVID-19 Spread Accelerates

LEAVE A REPLY

Please enter your comment!
Please enter your name here