Freelancer valued at $218m

Company only intends to raise $15 million by going public with founder Matt Barrie and his leadership team holding an 87% stake of the listed entity. founder Matt Barrie and his leadership team will maintain almost complete control over the company after IPO, with the firm’s prospectus revealing plans to issue shares for just 6.9 per cent of the company.

The prospectus comes almost a month after turned down a $400 million deal from Japanese firm Recruit Co. Interestingly; the prospectus values at $218 million.


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