Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

A highly collaborative investment professional and research analyst with 10+ years of international experience in equity research, treasury operations, and trading positions across multiple asset classes at leading multinational banks Citibank and Morgan Stanley, UHNWI-backed family office and European independent equity research firm. A respectable background in equity capital markets, corporate treasury, investment banking operations, equity research analysis and portfolio management.

Coursera 1Q21: Rising Employment Will Decelerate Growth

TMT Weekly: 4 Things That Stood Out the Week of 7/2/​2021

Algosun Global

Equity Capital Markets

<p>Coursera, a rapidly growing online EdTech unicorn, is expected to IPO this week. The company’s amended prospectus puts the expected price range per share at $30 to $33, implying a market cap of ~$4.7 billion at midpoint of the price range, making it the most valuable educational technology unicorn scheduled to go public this year.</p><p>Coursera has raised ~$445 million in funding over 13 rounds and was backed by American venture capital firms New Enterprise Associates, G Squared, Kleiner Perkins, Black River Ventures, SuRo Capital and Learn Capital, according to Crunchbase and Pitchbook. We expect net proceeds from the offering may reach ~$430 million. Coursera plans to trade on the New York Stock Exchange under the ticker “COUR”. Morgan Stanley, Goldman Sachs, Citigroup and UBS Investment Bank are lead underwriters on the IPO.    </p>

Coursera, a rapidly growing online EdTech unicorn, is expected to IPO this week. The company’s amended prospectus puts the expected price range per share at $30 to $33, implying a market cap of ~$4.7 billion at midpoint of the price range, making it the most valuable educational technology unicorn scheduled to go public this year.Coursera has raised ~$445 million in funding over 13 rounds and was backed by American venture capital firms New Enterprise Associates, G Squared, Kleiner Perkins, Black River Ventures, SuRo Capital and Learn Capital, according to Crunchbase and Pitchbook. We expect net proceeds from the offering may reach ~$430 million. Coursera plans to trade on the New York Stock Exchange under the ticker “COUR”. Morgan Stanley, Goldman Sachs, Citigroup and UBS Investment Bank are lead underwriters on the IPO.    

Coursera IPO. Leading High-Growth EdTech Unicorn