I think that despite previous claims of planning an IPO over the years, it appears more likely now, not due to optimal conditions but rather a potential lack of investor interest in further funding rounds (Series G), presenting an IPO as the only viable option to recover investments.<p>GlassDoor reviews depicting internal turmoil, an ongoing trial likely heading to appeal, and their US trademark facing possible cancellation are not painting the prettiest of pictures.<p>This combination of factors contributes to the peculiar timing of the IPO announcement and the lack of marketing around it.<p>The way the investor jumped on the board and announced the IPO feels like he was commandeering a sinking ship trying to save it.<p>I may be completely wrong - only a few people really know what is going on.