Tech
Will Databricks go public next year? CEO Ghodsi says focus is on winning, not timing
[ad_1]
Databricks CEO Ali Ghodsi has revealed that the company is open to an initial public offering (IPO) as early as late next year, but stressed there is no fixed plan to go public.
“I wouldn’t rule it out that we would be public by the end of next year, but you know, it’s also not like it’s guaranteed,” Ghodsi said.
In a recent interview with TBPN, Ghodsi said Databricks wants to avoid repeating what happened in 2022, when many newly public tech companies were forced to prioritise Ebitda and margins after interest rates and inflation rose.
Databricks…
[ad_2]
Source link
Continue Reading