After several stops and starts, social fitness platform Strava is seriously exploring an initial public offering to become a publicly traded company. In an exclusive report, the Reuters news agency said that Strava is looking to hire an investment bank to handle the planned IPO. According to Reuters, financial heavyweights Goldman Sachs, JP Morgan, and Morgan Stanley have all been invited to pitch their services.
Separately, Strava is currently hiring at least two senior roles with significant responsibilities specific to a publicly traded company. The company is hiring a Senior Director, Investor Relations, which lists "Prepare executive leadership for earnings communications, investor meetings, conferences, board discussions, and potential IPO-readiness activities" among its duties.
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