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UiPath’s first IPO pricing could be a warning to late-stage investors – TechCrunch

A few months back, robotic process automation (RPA) unicorn UiPath raised a huge $750 million round at a valuation of around $35 billion. The capital came ahead…

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A few months back, robotic process automation (RPA) unicorn UiPath raised a huge $750 million round at a valuation of around $35 billion. The capital came ahead of the company’s expected IPO, so its then-new valuation helped provide a measuring stick for where its eventual flotation could price.
UiPath then filed to go public. But today the company’s first IPO price range was released, failing to value the company where its final private backers expected it to.
In an S-1/A filing, UiPath disclosed…

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