SendGrid: Path to IPO
SendGrind (SEND), a cloud-based email service, has processed over a trillion emails since its inception in 2009. SendGrid has experienced year over year revenue growth along with shrinking losses and even reported a positive adjusted net income for the first nine months of 2017. The company expects to raise approximately $131M in the offering and will be listed on the NYSE.
SendGrid: Path to IPO

Calculations are based on shares outstanding. Explain

Companies analyzed in the Path to IPO are chosen on the basis of interest to the investing public and are not necessarily those in which transactions have been completed on the EquityZen platform. An investment through EquityZen is not an investment in a primary funding round; accordingly it is unlikely that an investment through EquityZen will perform similarly to the primary funding rounds highlighted in the Path to IPO. Most private companies are not successful enough to have an IPO, and many successful private companies may elect to not have an IPO. Investing in a private company through EquityZen may result in a partial or complete loss of your investment.

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