Unpacking Duck Creek Technologies’ IPO and hoped-for $2.7 B valuation

Unpacking Duck Creek Technologies’ IPO and hoped-for $2.7 B valuation

Tech stocks maintain their highs as the second quarter’s earnings season begins to fade into the rearview mirror, and there are still a number of business wanting to go public while the times are good. It appears like a smart move, as public investors are starving for growth-oriented shares– which is just what tech […] The business presently looking to go public are varied., a domestic tech business looking to go public on the back of growing SaaS profits. Duck Creek is a Boston-based software application company that serves the home and casualty (P&C) insurance market. Duck Creek is a company gradually letting go of perpetual license software application sales and scaling its SaaS earnings while still producing nearly half its profits from services….