Momma Kliff used to say that if you live long enough nothing much will shock you. Once again Mom was spot on for it looks as though Livongo has hired Morgan Stanley, Goldman Sachs Group and JP Morgan Chase to underwrite an IPO which, and we’d recommend sitting down for this one, would value the company in excess of $1 Billion.
According to a story in today’s Wall Street Journal the company has privately raised roughly $240 million at a valuation of $800 million. So it makes perfect sense their IPO should value the company at over a . . .
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