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January 15, 2024

Hill Chart Shape

ApeVue50 Index & Sectors 1Y Performance

Returns for Private Markets (%YTD):

Payments = +71.34%

Saas = +32.28%

Data = +25.19%

ApeVue50 = +21.98%

Security = -1.23%

Most Active Names Performance

ApeVue50 Privates versus Public Benchmarks/ETFs

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Public v. Private (12mo)

The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.

This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.

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Stock Spotlight - Gusto
Sectors

Financial Payments Talent Management

Headquarters
San Francisco, California, USA
CEO
Joshua Reeves Josh

Gusto is a cloud-based payroll, employee benefits, and human resources solution for businesses regardless of their size or stage. Over 300,000 businesses choose Gusto to hire, pay, and manage their teams.

Gusto offers a suite of tools:

Full-service payroll
Time and attendance
Hiring and onboarding
Talent management
Insights and reporting

Gusto's Financial Data

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Gusto 1Y

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Gusto 90D

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Gusto 30D

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Series E Valuation

<span class="date">2021-07-12</span>
<span class="value">$9.5B</span>

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Implied Valuation

<span class="date">2024-01-15</span>
<span class="value">$4.62B</span>

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Change Since Last Round

<span class="date">2021-07-12→ 2024-01-15</span>

<span class="value red">-51.34%</span>

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ApeVue’s ‘Data Room’

Automation Sector: Average 1Y Volatility

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ApeVue highlights eight of the most actively traded Automation companies in the institutional secondary market.

In terms of average volatility from 2023-01-09 until 2024-01-08,  Automation Anywhere was the most volatile at 44% followed by Hugging Face at 44% and OpenGov was the least volatile at 16%.

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90D Bid:Ask Volume Ratio

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ApeVue highlights bid:ask volume ratios for the past 90 days from 2023-10-11 until 2024-01-07:

  • Among the selected companies, all but Postman and Cohere have demonstrated more than 50% offer volume.
  • Notably, 100% of Automation Anywhere, Outreach, Celonis and OpenGov’s total volume was for offers. Conversely, 100% of Cohere’s total volume was for bids.

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30D Change in Implied Mkt

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From 2023-12-10 until 2024-01-08, the implied market capital has decreased for all selected companies. Outreached’ implied market capital decreased from $913M to 782M and Cohere’s implied market capital decreased from $3.59B to 3.55B.

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