A few things about the timing in addition to lockdown induced growth :) 1. They raised their Series A in 2011 and raised a few rounds between 2012-2015 [0]. VC

A few things about the timing in addition to lockdown induced growth :) 1. They raised their Series A in 2011 and raised a few rounds between 2012-2015 [0]. VCs usually have a time horizon of 5-7 years so this might be another reason. 2. Interest rates continue to be low (not that this is news) so stock markets might be more receptive. All in all , a great result if it lists at ~4 or 5 billion$ given that their latest valuation seems to be about $2.2 billion [1] [0] https://www.crunchbase.com/organization/duolingo/company_financials https://www.crunchbase.com/organization/duolingo/company_fin... [1]https://techcrunch.com/2020/11/18/language-learning-app-duolingo-confirms-it-has-raised-35m-on-a-2-4b-valuation/ https://techcrunch.com/2020/11/18/language-learning-app-duol...