PagerDuty Hits $1.8 Billion Valuation At IPO—Here's Why It Had Doubters Early On - News Summed Up

PagerDuty Hits $1.8 Billion Valuation At IPO—Here's Why It Had Doubters Early On


PagerDuty employees, investors and guests outside the New York Stock Exchange, where it rang the opening bell on April 11, 2019. Tim Nusog Photography for PagerDutyWhen PagerDuty went public on Thursday with a market capitalization of $1.8 billion, it meant a win for early investors and the founders and employees of the software company. But long before Tejada ran the company, PagerDuty wasn’t expected to be a startup that would be inducing venture capitalist victory laps. PagerDuty CEO Jennifer Tejada, who joined the company in 2016, rang the opening bell at the New York Stock Exchange on April 11, 2019. “My takeaway from PagerDuty is that at the earlier stages, it’s really hard to predict who will have success.”This story will be updated with additional comment from PagerDuty CEO Jennifer Tejada and other early investors later.


Source: Forbes April 11, 2019 14:38 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */