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Re:Elastic files for an IPO by silversmith on Thursday September 06, 2018 @12:28AM (#17923869)
You could say that.

You could also say that they are losing money today, and expecting to lose twice as much money next year.

Re:Elastic files for an IPO by greglindahl on Thursday September 06, 2018 @12:52AM (#17923950)
Right. It's the first group who's buying the stock in the IPO, not the second.