Thoughts on Ethos IPO?
Comparing this to Lemonade looks like it might be undervalued. Right now on robinhood app says its IPO is currently in the $18-$20 range. Lemonade has about a 7 billion dollar market cap
Ethos Technologies, a profitable software company offering life insurance sales tools, is set to go public next Thursday, potentially becoming one of the first tech IPOs of the year. Backed by notable VCs and celebrities, Ethos has priced its IPO between $18 to $20 a share, aiming for a valuation of up to $1.26 billion, which would raise $102.6 million for the company and $108 million for its selling shareholders.
0 Comments