Navan founders cashing out, while company losing 100M(teamblind.com)
teamblind.com
Navan founders cashing out, while company losing 100M
https://www.teamblind.com/post/founders-cashing-out-25m-while-our-company-is-losing-100m-lol-x3kookot
https://www.teamblind.com/post/founders-cashing-out-25m-while-our-company-is-losing-100m-lol-x3kookot
https://navan.com
They want to IPO:
Navan’s updated filing shows the company plans to sell 30 million shares, with insiders selling an additional 7 million. It priced its range at $24 to $26. At the high-end, the company would raise more than $960 million and be valued at $6.45 billion. Navan is backed by Lightspeed, Andreessen Horowitz, Zeev Ventures, and Greenoaks.
https://techcrunch.com/2025/10/10/navan-plows-ahead-with-ipo...