Backblaze IPO

#1

Post by hippich » Tue, Nov 02, 2021, 9:11 PM UTC

Backblaze IPO
sec.gov

Re: Backblaze IPO

#2

Post by durnygbur » Tue, Nov 02, 2021, 9:37 PM UTC

Any chance to subscribe for their shares for an EU tax resident? List of EU based brokers accepting the subscriptions?

Re: Backblaze IPO

#3

Post by reacharavindh » Tue, Nov 02, 2021, 9:52 PM UTC

durnygbur wrote: post #2

Any chance to subscribe for their shares for an EU tax resident? List of EU based brokers accepting the subscriptions?

I am an EU resident, and I use Interactive Brokers to buy US shares. I hope I can buy Backblaze shares when they IPO.

Re: Backblaze IPO

#4

Post by cinntaile » Tue, Nov 02, 2021, 10:05 PM UTC

reacharavindh wrote: post #3

durnygbur wrote: post #2

Any chance to subscribe for their shares for an EU tax resident? List of EU based brokers accepting the subscriptions?

I am an EU resident, and I use Interactive Brokers to buy US shares. I hope I can buy Backblaze shares when they IPO.

He wants to be in on the IPO I think, buying when it's reached the stock market is too late for that.

Re: Backblaze IPO

#5

Post by busymom0 » Tue, Nov 02, 2021, 10:05 PM UTC

They also released "Backblaze Drive Stats for Q3 2021" today:

https://news.ycombinator.com/item?id=29082379

Re: Backblaze IPO

#6

Post by kdasme » Tue, Nov 02, 2021, 10:06 PM UTC

Good luck Backblaze! It is a tough market for sure, especially with recent announcement from Cloudflare.

Re: Backblaze IPO

#7

Post by durnygbur » Tue, Nov 02, 2021, 10:12 PM UTC

cinntaile wrote: post #4

reacharavindh wrote: post #3

Earlier quoted context omitted.

I am an EU resident, and I use Interactive Brokers to buy US shares. I hope I can buy Backblaze shares when they IPO.

He wants to be in on the IPO I think, buying when it's reached the stock market is too late for that.

yes, this is my intention

Re: Backblaze IPO

#8

Post by henning » Tue, Nov 02, 2021, 10:12 PM UTC

> We have a history of cumulative losses, and we do not expect to be profitable for the foreseeable future.

Fundamentals seem solid, gotta get me some of those shares!

Re: Backblaze IPO

#9

Post by airstrike » Tue, Nov 02, 2021, 10:13 PM UTC

henning wrote: post #8

> We have a history of cumulative losses, and we do not expect to be profitable for the foreseeable future. Fundamentals seem solid, gotta get me some of those shares!

That's pretty standard for most young and fast growing tech companies

Re: Backblaze IPO

#10

Post by [deleted] » Tue, Nov 02, 2021, 10:14 PM UTC

airstrike wrote: post #9

henning wrote: post #8

> We have a history of cumulative losses, and we do not expect to be profitable for the foreseeable future. Fundamentals seem solid, gotta get me some of those shares!

That's pretty standard for most young and fast growing tech companies

[deleted]