Coupa IPO Overview
It's been a good year so far for enterprise technology IPOs. We've enjoyed Twilio (TWLO) and most recently Nutanix (NTNX) which priced high, opened higher and went on to impressive gains in the aftermarket. WE'
Coupa (COUP) is scheduled for a Wednesday night pricing and should be trading Thursday morning. The current proposed range is $14-16.
Expense management (which is what Coupa does) is a little less sexy than some other areas. But in terms of predictable ROI executives at companies love it. Lots of spending (in many cases the majority) at . . .