Jun. 15 at 8:46 PM
$BSTZ Well, I didn't see this until now, but it looks like the CEO of Databricks will postpone their IPO until next year (2027). He doesn't like the frothy and crowded atmosphere in the IPO market right now, with SpaceX, Anthropic, and Open AI all going public this year. He also said that he wants to go public with an EV of
$165B. As of the last capital raise in December 2025, the firm was valued at
$134B. So, there is more work to do. But, BSTZ has a large stake in Databricks, with 10% of the porfolio invested in the preferred shares, and 2.9% in the common shares. Hold on tight, my BSTZ Bruddahs!
https://share.google/P4csDSxbQFc5mOrRF