Netskope has recently announced a significant milestone, achieving $700 million in annual recurring revenue (ARR) with a growth rate of 33%. This positions the company favorably among upcoming IPOs in the B2B sector, signaling a strong trend for future market entrants.
Klarna is set to go public with an expected IPO price of $35 to $37 per share, but it faces challenges as its growth has lagged behind competitors like Affirm. Investment bankers are pricing Klarna based on smaller peers rather than its closest rival, indicating a shift in perception of its market position. The company has opportunities to regain momentum through its expansion into cards and everyday banking, but its future growth is uncertain.