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Here's why ServiceTitan was on the clock to go public | TechCrunch

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Summary
Nutrition label

84% Informative

ServiceTitan dropped its S-1 notice of an impending public offering on November 18 .

The company agreed to a deal term back in 2022 that essentially set a deadline for it to go public by May 2024 or risk having to dilute its shares.

Now that the deadline has come and gone, each quarter ServiceTitans stays private, it will owe more of its company's shares to certain investors.

VR Score

84

Informative language

81

Neutral language

85

Article tone

semi-formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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