Money Makers Mentor

ZipRecruiter Hires Banks for IPO

ZipRecruiter hires banks for IPO. The company hired Goldman Sachs Group Inc and JPMorgan Chase & Co to lead in the preparations for the IPO. Despite an obvious decline in hiring and job postings due to the global pandemic, ZipRecruiter is looking to capitalize on the IPO market for technology startups. Even with the distribution of vaccines to frontline healthcare workers and elderly patients at nursing homes, it will be months before the general public will be inoculated. As a result, this will have an impact on the job market.

ZipRecruiter is worth between $3 billion and $5 billion in the IPO. The deal will not be complete until the first half of the new year. The company was worth $1.5 billion in a 2018 fundraising round. The plans for the deal are secret, so nobody from ZipRec…

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