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Asana joins the IPO race

Full episode here: Asana filed privately to go public in February of 2020 and was recently tipped to be considering a direct listing on the NYSE. The workplace productivity software provider has raised debt this year to the tune of $200 million or so, meaning that it likely has all the capital it needs. And…

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Full episode here:

Asana filed privately to go public in February of 2020 and was recently tipped to be considering a direct listing on the NYSE. The workplace productivity software provider has raised debt this year to the tune of $200 million or so, meaning that it likely has all the capital it needs. And since the funds were raised as a convertible note, the company can direct list, convert to shares post-debut and everyone is happy. Provided that money stays cheap (low interest rates making debt instruments of this sort enticing), and the Asana direct listing goes well (strong performance from a valuation perspective), consider this the model for future unicorn liquidity. We are stoked to see what happens.

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3 Comments

3 Comments

  1. Gianni135

    August 24, 2020 at 1:31 pm

    ok

  2. Jennifer Emerson

    August 24, 2020 at 1:58 pm

    Fantastic 😍💋 💝💖♥️❤️

  3. ingusmant

    August 24, 2020 at 4:34 pm

    Asana still around? Damn

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OpenAI and Google’s busy week, and why are so many VCs leaving their firms? | Equity Podcast

On this episode of Equity, Mary Ann Azevedo, Rebecca Szkutak and Haje Jan Kamps dig into an Oslo startup using AI help wind farms mitigate its impact on birds, the new AI features announced by OpenAI and Google, and the trend of VC investors leaving their firms. Equity is a show about the business of…

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On this episode of Equity, Mary Ann Azevedo, Rebecca Szkutak and Haje Jan Kamps dig into an Oslo startup using AI help wind farms mitigate its impact on birds, the new AI features announced by OpenAI and Google, and the trend of VC investors leaving their firms.

Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop at 7 a.m. PT every Monday, Wednesday and Friday. Subscribe wherever you get your podcasts.

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1 Simple Question That Could Improve Women’s Health | Meryam Sugulle | TED

There’s a reliable indicator of a woman’s future likelihood of cardiovascular disease — but it rarely gets asked about, says obstetrician and researcher Meryam Sugulle. She delves into the role of the placenta in pregnancy, how it can predict health outcomes and the single question that should be worked into routine health screenings. If you…

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There’s a reliable indicator of a woman’s future likelihood of cardiovascular disease — but it rarely gets asked about, says obstetrician and researcher Meryam Sugulle. She delves into the role of the placenta in pregnancy, how it can predict health outcomes and the single question that should be worked into routine health screenings.

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