Source: Reuters
Summary
Forerunner Ventures plans to sell its entire stake in Oura, a wearable health tech company, for up to $1.26 billion, according to Oura’s latest IPO filing. The move comes as Oura prepares for a public offering. The sale could signal confidence in the company’s future. Forerunner Ventures has been a major investor in Oura since its early days. The filing was reported by Reuters.
Our Reading
“The launch follows a familiar script.”
Forerunner Ventures is cashing out big.
Oura’s IPO is the next step.
Venture capital is always looking for exits.
This isn’t new, it’s just another round of tech finance.
The real question is, who’s buying?
Original observation: A company’s valuation is just a number until someone else pays it.
Author: Evan Null
