Re:Kayak Prices $100 Million IPO at $25 a Share
by rdl on Monday July 09, 2012 @02:05PM
(#4219464)
You're misreading, I think.
They're offering $100mm in new stock at IPO, but they are only offering x% of the company in that IPO. So the total market cap is $100mm/x%, about $1b. (I'm going to cheat and read the filing and then change X to the correct value, but I think it is 10%).
They're offering $100mm in new stock at IPO, but they are only offering x% of the company in that IPO. So the total market cap is $100mm/x%, about $1b. (I'm going to cheat and read the filing and then change X to the correct value, but I think it is 10%).