Airtasker CEO Tim Fung says the business has been IPO-ready since May last year, but he believes now is the right time to list, as the platform is poised to help Australians earn a living during the economic fallout from COVID-19.
The jobs outsourcing platform filed its prospectus to list on the ASX on Monday, anticipating to go public on March 22, with a market capitalisation of $255.4 million, after raising $83.7 million.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
