$192M is the value of the shares sold in the IPO. The MDB's market cap, i.e. it's valuation, is around $1.17 billion as of the time this article was written:

$192M is the value of the shares sold in the IPO. The MDB's market cap, i.e. it's valuation, is around $1.17 billion as of the time this article was written: https://www.cnbc.com/2017/10/18/mongodb-prices-its-ipo-worth-1-point-2b.html https://www.cnbc.com/2017/10/18/mongodb-prices-its-ipo-worth... EDIT: Added 'billion'