Netskope's $7.3B IPO: A Cybersecurity Splash

Cybersecurity unicorn Netskope just rocked the Nasdaq with a blockbuster $900M+ IPO, pricing at the top of its range and valuing the company at $7.3B! Fueled by AI and cybersecurity hype, the IPO was 20x oversubscribed, signaling massive investor demand. Despite ongoing losses, Netskope boasts impressive revenue growth and big-name clients like Colgate and Home Depot. Can this cloud security platform live up to the hype? All eyes are on ticker NTSK as trading begins. Hosted on Acast. See acast.com/privacy for more information.