Rather than opening an IPO window, ServiceTitan's IPO could be the first of something else entirely, VCs warn.
PitchBook valued the company at $7.6 billion at the time, meaning the IPO needs to trade above a “base” of $84.57 per share or ServiceTitan will have to issue more shares, Meritech said.
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ServiceTitan is expected to be one of the very few "unicorns" to go public in 2024, with its IPO roadshow likely to launch ...