They want to IPO:
Navan\u2019s updated filing shows the company plans to sell 30 million shares, with insiders selling an additional 7 million. It priced its range at $24 to $26. At the high-end, the company would raise more than $960 million and be valued at $6.45 billion. Navan is backed by Lightspeed, Andreessen Horowitz, Zeev Ventures, and Greenoaks.
https://techcrunch.com/2025/10/10/navan-plows-ahead-with-ipo...","title":null,"type":"comment","url":null}],"created_at":"2025-10-15T17:15:32.000Z","created_at_i":1760548532,"id":45595681,"options":[],"parent_id":null,"points":3,"story_id":45595681,"text":null,"title":"Navan founders cashing out, while company losing 100M","type":"story","url":"https://www.teamblind.com/post/founders-cashing-out-25m-while-our-company-is-losing-100m-lol-x3kookot"}