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Will Databricks file to IPO in 2022?
10
Ṁ122Ṁ5.2k
resolved Jan 1
Resolved
NO
Resolves YES if in 2022 Databricks files to go public (e.g. files S-1). Going public may include IPO, direct listing, SPAC, etc. Background: Databricks is one of the 10 most valuable startups according to https://www.cbinsights.com/research-unicorn-companies, with a $38B valuation as of last August, and there has been a lot of speculation about when Databricks will IPO. However, since the start of the year, tech company valuations have declined significantly with cloud SaaS companies especially hard hit. Links: - https://www.bloomberg.com/news/articles/2022-02-15/databricks-ceo-says-wall-street-tumult-won-t-affect-ipo-planning - https://cloudedjudgement.substack.com/
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With the current instability of the market and valuations being rough I dont think anything will go through