Sonos: Path to IPO
Sonos (SONO) delivered the first wireless multi-room home sound system in 2005. Thirteen years later the company's products have entered into nearly 7 million households globally. The company plans to raise approximately $208 million and will list its shares on the Nasdaq. The graphic is based on an IPO price of $15. Note: Sonos commenced tender offers in 2014 and 2016 in which early investors may have sold off a portion of their holdings.
Sonos: 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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