← Back to feed Brand & Business

Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue (Bloomberg)

Techmeme 10 October 2026 18m ago
Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue (Bloomberg)
77
Relevance
14/25
Freshness
25/25
Authority
25/20
Brand Signal
9/15
Depth
4/15
Relevance Freshness Authority Brand Depth
Bloomberg : Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue — Nvidia-Backed Firmus IPO Collapses Video Player is loading. — Current Time 0:00 Loaded: 17.94% Playback Rate — This is a modal window.
Read Full Article → Techmeme ↗