I like Atlassian and we use JIRA, Confluence and Stash. Do I think Atlassian is worth $6bn? No. I planned to buy ~100k in stock at the open, saw the $27 open p

I like Atlassian and we use JIRA, Confluence and Stash. Do I think Atlassian is worth $6bn? No. I planned to buy ~100k in stock at the open, saw the $27 open price, and cancelled my trade. Is this a nice result for the founders? Yes. :) Starting price on IPO day means little. It was flat the entire day. The way to judge these is in a couple of weeks (2-3 weeks) to see where the market really values it. See RACE for an example. That had a stronger IPO day "pop" and... here we are. :)