First Product Analytics Platform To Go Public Is Amplitude Via A Direct Listing
By Gené Teare, Product intelligence platform Amplitude went public today via a direct listing. Nasdaq had set the reference price at $35, which valued the company around $4.5 billion. However, the opening trade came in at $50, valuing the company well above that amount at $6.4 billion, and above the company’s last private valuation of $4.2 billion. We spoke[…]