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Netskope follows Rubrik as a rare cybersecurity IPO, both backed Lightspeed

1. Netskope plans to go public with a valuation up to $6.5 billion. 2. The IPO price is set between $15 and $17 per share. 3. Netskope's revenue grew to $328.5 million but remains unprofitable. 4. Main competitors include Zscaler and Palo Alto Networks. 5. Recent IPOs show mixed results; some soar, others debut below valuations.

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FAQ

Why Bullish?

Netskope's planned IPO indicates strong market interest in cybersecurity solutions. Comparable IPOs have seen varying success, which suggests potential volatility.

How important is it?

The announcement of Netskope's IPO can significantly shift investor interest. Its correlations with current market trends enhance its impact potential.

Why Short Term?

The upcoming IPO will have immediate effects on NTSK's valuation. Market sentiment will fluctuate closely around the public offering.

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