Sonos files for IPO
by Volker Weber
Sonos Inc., the smart home sound system company, filed Friday to go public. The company has applied to be listed on the Nasdaq Global Select Market under the ticker symbol "SONO." The company said it plans to raise up to $100 million in the initial public offering, but that amount was estimated as a placeholder amount. The company reported a net loss of ...
Comments
Interesting warning in the IPO: http://www.businessinsider.com/sonos-ipo-filing-warns-amazon-can-disable-alexa-from-smart-speakers-2018-7
Just to bear in mind, even if it's not very likely.
Im quite surprised that Sonos have not yet turned a profit.
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