Hi there and welcome abet to our customary morning peep at non-public companies, public markets and the grey condominium in between.
Asana, a neatly-identified location of business productiveness company, announced the day before at the unusual time it has filed privately to head public. The San Francisco-basically based company is neatly-funded, having raised greater than $200 million; neatly-identified, due in fragment to its tech-famed founding duo; and treasured, having final raised at a $1.5 billion valuation.
Every of these factors — plus the fact that Asana is going public — makes the company worth exploring, but its plans to provide an quick list somewhat than a venerable preliminary public providing fabricate it irresistible.
Nowadays, we’ll rewind thru Asana’s fundraising and valuation history. Then, we’ll mix in what we know about its financial performance, boost charges and capital effectivity to witness how powerful we can uncover relating to the company as we count down to its public S-1 submitting. The Asana flotation is going to be spacious info, so let’s safe all our information and figures straightened out.