Startive Ventures-backed Freelancer targets small-cap IPO
Online jobs marketplace Freelancer.com has filed for its initial public offering on the Australian Securities Exchange with a view to raising A$15 million ($14.43 million). Startive Ventures owns 42% of Freelancer, chief executive Matt Barrie has 50% while unnamed investors hold the rest.
According to the prospectus, Freelancer is offering 30 million new shares to the public at A$0.50 per share. The IPO values the company at A$218 million. Post offer Startive's holding will be diluted to...
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