Cloopen (容联.云通讯) Pre-IPO - Forecast, Assumptions, and Valuation
Cloopen Group Holding Ltd (RAAS US) is looking to raise about US$500m in its upcoming US IPO. In this note, we will discuss our forecasts and...
311 Views
Cloopen (容联.云通讯) Pre-IPO - Peer Comparison and Thoughts
Cloopen is a multi-capability cloud-based communications solution provider in China. The company offers CPaaS, cloud-based CC, cloud-based UC&C...
287 Views
Snowflake: Making It Rain
We've looked into many IPOs over the last 20 years, and think Our investment philosophy attracts us to investing behind THE major secular trend in...
351 Views
Coupa 2Q21: P/S Multiples Are Coup-Ed Up
We have been pitching Coupa as a long since the March bottom, and have been Obex’s fundamental research process is focused on secular change in...
321 Views
Agora Inc. IPO - Same Issues at Unattractive Valuation
Agora Inc. (API US) is looking to raise up to US$431m in its upcoming IPO with concurrent placement.The company runs a platform that provides...
524 Views