Sentences with phrase «eventual initial public offering»

They were only looking to close the books to prep them for a larger financial firm's overview — standard steps towards an eventual initial public offering on the stock market.

We talked yesterday about Uber's private - wealth fundraising round and it's important to note that that round (unlike, apparently, the near - simultaneous institutional round) is not at any valuation at all: It's a convertible note that converts at a pre-set discount to the eventual initial public offering price, meaning that you get a fixed return if there's any acceptable IPO in the next few years, whether that's at a $ 20 or $ 40 or $ 90.5 billion valuation.

The financing push is seen by some as a prelude to an eventual initial public offering that could take place later this year.

News of TPG's investment follows reports last month that Vice was seeking another funding round that would boost the company's value and potentially pave the way for an eventual initial public offering.

He says that while he's «not eager to go public tomorrow,» an eventual initial public offering is «probably the most logical path» for the company.

While co-founder and CEO Pieter van der Does has not yet disclosed a date on an eventual initial public offering (IPO), Bloomberg has reported that an IPO could come as early as this year.