StartupsCNBC Techabout 3 hours ago
Anduril CEO warns against hype-cycle IPO
1 min read
Anduril CEO Brian Schimpf said the defense tech company is in no rush to go public, warning against an IPO in the middle of a hype cycle. Anduril doubled its valuation in May to $61 billion. Schimpf called some valuations "crazy high" and said the market is not "particularly rational" on pricing.
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