Inside the Darktrace IPO

Everything you need to know about the enigmatic cyber security firm

Some called it the “least successful stock market float in [the City’s] history”. Still others dubbed it “Floperoo” or “Deliver-oops”. In an internal memo CFO Adam Miller listed a series of mitigating factors for the company’s under-performance, while others blamed “controversial share structures, employment conditions and ambitious valuations”.

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Inside the Darktrace IPO

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