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How well did Klaviyo, Arm and Instacart actually do in their first test on the public markets?

Summary by Ground News
Three recent tech IPOs just reported their financial performance for the first time as public companies. Going public often entails certain costs that can make newly-public companies appear massively unprofitable right out of the gate. The better these companies fare, the more (less) likely we are to see other private tech shops try to follow suit.

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How well did Klaviyo, Arm and Instacart actually do in their first test on the public markets?

Let's do a quick summary of results from Arm, Klaviyo, and Instacart, and ask how they perform once we allow for IPO-related costs.

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TechCrunch broke the news in United States on Thursday, November 9, 2023.
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