Our original post on CoreWeave $CRWV summarizes the company and our preliminary thoughts on valuation well. I've had a chance to do more work and read through several other reports that helped complete the picture for me.
The "books" are scheduled to close tonight for pricing and allocation tomorrow to trade on Friday. ICYMI noted the current pricing challenges in capital markets at Random Candy yesterday: IPO Price Discovery is Getting Harder.
If you're not more curious, the conclusion is that it's worth $50 and intends to price there. Nebius $NBIS is also worth $50 and is trading at $27. I'll leave it there for non-paying members, you're welcome. ;-)
If you are curious and kind enough to support IPO Candy with a paid membership, see below for more information and links to some of the better things I found to learn more about the company. (I can provide a good source of some of the best AI data center research for qualified customers. Email me if you are a "real" prospect.)
