FanPost

Qualtrics Spin!!! (JAZZ into MONEY!!!)

Tremendous news for all of the true believers out there - Qualtrics will be spun from SAP and the expected valuation is ~$14B!!!

https://www.cnbc.com/2020/12/28/qualtrics-files-s-1-aims-for-valuation-of-up-to-14point4-billion-in-ipo.html

When Ryan Smith planned to take them public two years ago SAP swooped in and scooped them up for ~$8B!

What does this mean for the Jazz? Smith fortune will rise significantly, need a little money for the cap penalty, no problem! Need that third piece - no problem!

Smith is going from being worth $1.5B to far more once the spin completes. Small market pain no longer my friends!!!

Really helps out when a fine American capitalist is also a Jazz fan!!!

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