Arm, Instacart, Klaviyo Goldman Sachs HighStakes IPO Advisory Role
After a slow year for American IPOs, massive tech IPOs are returning, putting Goldman Sachs in a crucial position. Instacart, Klaviyo, and chip design
After a slow year for American IPOs, massive tech IPOs are returning, putting Goldman Sachs in a crucial position. Instacart, Klaviyo, and chip designer Arm are all preparing to go public, with Goldman serving as a critical advisor for each. Successful IPOs would increase the market and Goldmans confidence, which has experienced a revenue downturn and internal issues. For Instacart and Klaviyo, Goldman is the principal advisor, and other banks split the role for Arm. If the IPOs go poorly, the banks place at the top of Wall Streets league tables could be in jeopardy. Furthermore, individuals have raised concerns about Arms governance and valuation.
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B2B Tech News | 17 days ago