Public Notes by chase_ats Tagged #public_companies
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"China’s largest e-commerce company, Alibaba Group Holding Ltd (NYSE: BABA), owns 23 percent of Baozun through the company’s investment unit Alibaba Investment Ltd. It is currently Baozun’s largest investor. After the offering, its stake will fall to 18.2 percent and its voting power will reduce to 10 percent." #subsidiaries #alibaba #chinese_companies #public_companies #$to_watch #pub
I agree there's a decent chance Atlassian will be a $50B company in 10 years. The growth doesn't need to be that great for this to happen. They are already worth $9B. They were worth $6B when the article was written so it was claiming 9x growth at the time. While now we're just talking 6x growth at the end of the same year. Though to be fair, Atlassian jumped from around $8B market cap to $9B market cap in first week of October 2017, lol. #public_companies #tech_companies #startups #jira #atlassian #i_agree #pub
Slack worth close to $25B it seems at $40+ stock price. It seems it did direct listing at $26. Last private valuation was $7.1B. Buttefield’s equity of Slack at $38 a share is $1.5B. — “The workplace collaboration company’s shares began trading at $38.50 on the New York Stock Exchange, up from a reference price of $26 that was set on Wednesday. That gave Slack a fully diluted valuation of $23.1 billion, more than triple its $7.1 billion valuation as a private company. In the weeks before the listing, investors had privately traded Slack’s shares at prices as high as $31.50 a share.” #IPOs #tech_companies #unicorns #slack #billionaires #public_companies #web_companies #pub