[chadash]

Just to be clear, $100M is what they are looking to raise, not their valuation. Their last valuation was about $700M in 2014, so presumably, they are looking for a valuation that exceeds that, most likely in the low billions.

[moxious]

$100M is likely a placeholder amount. They're filing to go public and can adjust that figure later, it's not that strange to do so. I don't think $100M means much there, and relative to their overall valuation if $100M is all they wanted they'd likely have other options.

[dang]

Thank you. That's confusing enough that I think we'll take $100M out of the title above.