ServiceTitan IPO debuts on Nasdaq

There are no more excuses for other VC-backed unicorns (and their VCs) that keep cowering on the sidelines. Oh, and the bankers were also wrong. www.axios.com/2024/12/12/servicetitan-ipo

After a long drought of Proptech IPOs, amazing to see one of ⁦@fifthwallvc⁩ ‘s largest investments come out so strong! “ServiceTitan prices at $71, above expected range” ⁦@ServiceTitan⁩ ⁦@CNBC⁩ www.cnbc.com/2024/12/11/servicetitan-prices-at-71-above-expected-range-.html

As shares of ServiceTitan traded up 42% in its first day of trading for a market cap of $8.9 billion, CEO Ara Mahdessian and cofounder Vahe Kuzoyan spoke to @richardjnieva and me about the IPO process. “The water feels great,” Kuzoyan told @forbes. www.forbes.com/sites/richardnieva/2024/12/12/servicetitan-ipo/

Proud day as the @ServiceTitan IPO debuts on @NasdaqExchange, setting a vision for the next chapter of the company as they build the operating system of the trades. Welcome to the Nasdaq family! 🎊 $TTAN #DayOfTheTrades pic.x.com/3H8vVcZNCW