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Inside Rubrik’s Pitch for Its High-Stakes Software IPO
April 24, 2024, 6 p.m. | Cory Weinberg
The Information www.theinformation.com
The next big test of the big IPO market for software firms comes later on Wednesday, when data security firm Rubrik is expected to price its initial public offering. On the surface, the company would be an unlikely IPO success right now. It is small and its business very niche, and it is losing money, which might turn off investors. To get Wall Street to dream bigger, Rubrik CEO Bipul Sinha has been invoking two highly respected software names in …
big business data data security high initial public offering ipo market next public rubrik security software test the company
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