SurveyMonkey has announced that its parent company, SVMK, has submitted a draft registration statement S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). This is a confidential filing that is not readily available.
According to what the firm did release, the number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
The last major company to file for a confidential IPO was Snap Inc. (NYSE: SNAP), and going back even further Jack Dorsey’s startup Square Inc. (NYSE: SQ) was a confidential filing as well.
When the company last raised money in 2014, SurveyMonkey had a valuation of roughly $2 billion.
SurveyMonkey describes itself and what it does as follows:
Every day, 3 million people around the world use our platform, whether it’s to ask 10 employees about a company barbecue or 10,000 consumers about the next big product. That’s because we’ve built a platform that’s simple for a survey novice to use, but powerful enough for a pro. And we’re not stopping there. We’ve built a suite of products specifically designed to help you collect and understand data from your customers, your employees, or your target market.
Now seems like a good time to strike in the IPO market, especially with the Nasdaq and S&P 500 fairly close to all-time highs. Not to mention a few hot IPOs have hit over the past few months that make a compelling case as well, such as: Zscaler Inc. (NASDAQ: ZS), DropBox Inc. (NASDAQ: DBX) and DocuSign Inc. (NASDAQ: DOCU).
24/7 Wall St.Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
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