Cohere Watch posted an update
Cohere’s revenue doubled in each of the past three years, executives told reporters at a media roundtable, according to The Wall Street Journal. Chief executive Aidan Gomez said any IPO depends on market conditions and the company’s readiness, rather than a set timetable.
Why it mattersThat suggests strong reported growth, but Cohere has not disclosed an absolute revenue figure in the account. Three doublings imply roughly eightfold growth, though the starting and ending periods were not specified. A fast-growing AI company, then, without an IPO date to circle in the diary.
Discuss: For a potential Cohere IPO, would three years of reported revenue growth matter more to you than the lack of disclosed revenue figures and a firm timetable?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.