Will Quora ever IPO?

Will Quora ever IPO?

Nov 5 (Reuters) – U.S. knowledge-sharing website Quora Inc has kicked off preparations for an initial public offering (IPO) in early 2022, according to people familiar with the matter. Quora has in recent days held talks to hire investment bankers and lawyers for a stock market debut in New York, the sources said.

Is Quora successful?

Quora’s Inception and Growth The Q&A platform has raised a total of $226 million in four funding rounds from 14 investors. Investors include Peter Thiel, Tiger Global Management, Josh Hannah, Sam Altman, and others. Quora reported $8 million in revenue in 2018, with 300 million unique monthly visitors as of Jan.

Is it good idea to buy IPO?

You shouldn’t invest in an IPO just because the company is garnering positive attention. Extreme valuations may imply that the risk and reward of the investment is not favorable at the current price levels. Investors should keep in mind a company issuing an IPO lacks a proven track record of operating publicly.

READ ALSO:   How can I recharge my Airtel number in PhonePe?

Why Quora is waste of time?

The word is “useful” not “usefull”. If it was a typing mistake, then it is all right, but if it was not, then you learned something new today. This is why we waste our precious time on Quora, to learn about the simple facts of life and improve. If you still think this is wastage of time, then you are free to walk out.

How is an IPO of a firm done?

Hi, an IPO of a firm is done with the co-operation of an Underwriter. The underwriter is an investment bank (Goldman sachs, Merrill Lynch etc) which analyses the firm and sets a price range for the offer price (the price set for a stock when going public).

Why did Facebook have to go public to have an IPO?

Facebook did not “have” to have an IPO but there were certain reasons that made an IPO inevitable: There was a limited amount of shareholders that Facebook could have. Therefore, quite literally, they had to go public at some point.

READ ALSO:   What is clown computing?

When is the best time to issue shares through IPO?

The best time to issue shares through IPO is when you have a good project to invest in and the market sentiment is willing to accept your project as a worthwhile one. If you don’t have a good project, you will end up losing value for your shareholders in the long-term which means your company will have lost money too.

Are you happy when your broker offers you an IPO?

As clients, people are happy when their brokers offer them the IPO’s, especially if they end up doing WELL (as in the case of Microsoft which my friend made out well on buying a Porsche’, 3 homes, etc.) But, there are only so many shares to go around.