Pre-IPO Sector – News Update – Week of 5/20/2019

Last week, Crowdstrike and Fiverr filed documents for their IPOs.

DoorDash was raising funds at nearly a $13 billion post-money valuation.

Fastly raised $180 million in its IPO at a $1.45 billion valuation.  

Luckin Coffee raised $561 million in its IPO at a $4.2 billion valuation.

Nextdoor raised $123 million at a $2.1 billion valuation.

CROWDSTRIKE

"Crowdstrike Files to go Public — Lost $140 Million on $250 Million in Revenue Last Year"

DOORDASH

"DoorDash Takes Aim at Nearly $13 Billion Valuation in New Funding Round"

FASTLY

"Fastly Prices IPO at $16 to Raise More than $180 Million"

FIVERR

"Fiverr Files to go Public, Reports Revenue of $75.5M and a Net Loss of $36.1M for 2018"

LUCKIN COFFEE

"Starbucks' China Challenger Luckin Raises $561 Million in U.S. IPO"

NEXTDOOR

"Neighborhood Social Network Nextdoor Raises $123 Million at $2.1 Billion Valuation"