- Care.com has set an IPO price range of $14-$16. After factoring options, warrants, and preferred shares, that spells a valuation range of $469M-$536M for the online home caregiver marketplace, which plans to trade under the symbol CRCM. (S-1)
- Given Care.com's recent top-line numbers, the company may end up going public at 5x-6x trailing sales.
- Morgan Stanley, BofA/Merrill, JPMorgan, Allen & Co., and Stifel are underwriting. Prospective IPO buyers are likely to play close attention to both Care.com's rapid growth (+81% Y/Y over the first nine months of 2013) and heavy sales/marketing spend (77% of revenue over the aforementioned timeframe).
Care.com sets IPO price range, eyes ~$500M valuation
From other sites
at CNBC.com (Jan 9, 2015)
at CNBC.com (Dec 8, 2014)
at CNBC.com (Jul 22, 2014)
at CNBC.com (Jul 14, 2014)
at CNBC.com (Jul 10, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs