‘It’s dumb to IPO this year’: Databricks CEO explains why he’s waiting to go public

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025 […] © 2024 TechCrunch. All rights reserved. For personal use only.

Dec 18, 2024 - 15:00
‘It’s dumb to IPO this year’: Databricks CEO explains why he’s waiting to go public

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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