It is very likely that the Dutch startup-scene will have a new unicorn to look up to. If the IPO of TakeAway.com goes as planned, the food delivery startup will be valued at around 1 billion euro. This certainly is an incredible achievement, but the company can’t sit back and relax yet: there’s possibly tough times ahead.
Joining the 1 billion euro-club
Tomorrow, September 30th, CEO and founder Jitse Groen will take his business of 16 years public. Last week shares were to be sold at an indicative price range between €20,5 and €26. Today the price range has been adjusted to a less wide, but also slightly lower, €21,50 and €23 euro per share according to press agency Bloomberg. According to the agency there is enough demand for shares of the startup, which could end up at a valuation of over 1 billion euro’s.