Avalara, which markets cloud-based indirect tax products, is privately held but rumored to be exploring an initial public offering and I would say the reading of the statement supports the idea the company is on that path. The company is probably in a quiet period, although the last time I asked that question, I was told the company could not comment on whether it was in a quiet period.
AVALARA READS SAFE HARBOR STATEMENT Featured
Avalara started its Crush conference this week in Austin, Texas, on a surprising note. Patrick Falle, a founding investor, read a Safe Harbor statement. For those not familiar with the concept, these are read by publicly held companies that state essentially, events may change and the things they are saying today may become outdated.
