Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

A highly collaborative investment professional and US software research analyst with 10+ years of international experience in equity research, treasury operations, and trading positions across multiple asset classes at leading multinational banks Citibank and Morgan Stanley, UHNWI-backed family office and European independent equity research firm. A respectable background in equity capital markets, corporate treasury, investment banking operations, equity research analysis and portfolio management.

BigCommerce: Stock Selloff Looks Finished As Valuation Hit $1.5 Billion

Is It Time To Pile Into BigCommerce Shares? Our 2Q:20 Earnings Review and Mid-Term Outlook

BigCommerce IPO. Betting on the Future of Digital Commerce

Algosun Global

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/bigcommerce-holdings-inc" target="_blank" data-smartkarma-citation="entities:29196:1" rel="noopener">BigCommerce Holdings Inc (BIGC US)</a> , provider of e-commerce scalable SaaS platform for B2B and B2C segments, went public on August 5, 2020. Company has raised ~$170 million of net proceeds from an IPO and the IPO price was $24.00 per share. Currently, BigCommerce stock is trading at about $60.00 per share and IPO investors are still up ~150%. BigCommerce has raised ~$228 million in funding over 6 rounds and their last $64 million Series F round was led by Goldman Sachs at a $450 million pre-money valuation keeping in mind IPO valuation was ~$1.8 billion and now market cap of BigCommerce reached ~$4.5 billion on a fully diluted basis. In our insight we will provide outlook for CY’22 and specify reasons why we have negative view on BigCommerce stock.   </p>

BigCommerce Holdings Inc (BIGC US) , provider of e-commerce scalable SaaS platform for B2B and B2C segments, went public on August 5, 2020. Company has raised ~$170 million of net proceeds from an IPO and the IPO price was $24.00 per share. Currently, BigCommerce stock is trading at about $60.00 per share and IPO investors are still up ~150%. BigCommerce has raised ~$228 million in funding over 6 rounds and their last $64 million Series F round was led by Goldman Sachs at a $450 million pre-money valuation keeping in mind IPO valuation was ~$1.8 billion and now market cap of BigCommerce reached ~$4.5 billion on a fully diluted basis. In our insight we will provide outlook for CY’22 and specify reasons why we have negative view on BigCommerce stock.   

BigCommerce Insiders Dumped ~$480 Million Worth of Shares During One Year After IPO