I am really surprised. I haven't heard anyone talk about this.
Here is there S1
https://www.sec.gov/Archives/edgar/data/1943896/000119312524083525/d359771ds1.htm
Here is a few articles to catch you up
https://fortune.com/2024/04/17/microsoft-backed-rubrik-looking-to-raise-713-million-in-latest-tech-ipo/
https://www.meritechcapital.com/blog/rubrik-ipo-or-s-1-breakdown
I would think that tech company with 46% year over year growth, MSFT backing, and almost billion dollars in revenue would have some kind of buzz going for it.
What I am missing? What about this company is bad? Is there some kind of danger in investing in something that is already successful? I am noob so I am very serious about these questions.
Let me know your thoughts about this company. I believe it will hit the market 4/25. And maybe 4/24 for big ballers.