{
  "id": 13351657,
  "title": "Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue (Bloomberg)",
  "url": "https://urgent.news/2026/10/10/sources-detail-how-firmus-ipo-collapsed-in-48-hours-after-us-fund-13351657",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T06:05:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.bloomberg.com/news/articles/2026-10-09/data-center-darling-s-30-billion-ipo-dream-crushed-in-48-hours?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc5MTYxMjE0MSwiZXhwIjoxNzkyMjE2OTQxLCJhcnRpY2xlSWQiOiJUTU05UzVLSkg2VjQwMCIsImJjb25uZWN0SWQiOiIxMDMxRDIzQ0YzNEY0Q0ZEQTM3MDVBRDc4MjYwNTBEMSJ9.-CUwCUPRd1JHAqd8D36ChrGP0JL2pBwuJQ1dyBTmpQY"
  },
  "original_language": "en",
  "account": null,
  "summary": "Nvidia-Backed Firmus IPO Collapses Video Player is loading. — Current Time 0:00 Loaded: 17.94% Playback Rate — This is a modal window.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue (Bloomberg)",
        "url": "https://urgent.news/2026/10/10/sources-detail-how-firmus-ipo-collapsed-in-48-hours-after-us-fund",
        "published": "2026-10-10T06:05:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}