Today it was announced the Sonos will be going public as it files for an IPO. I am a big fan of Sonos speakers I have a Play:3 and Sonos One and a PlayBar in my home and can not speak highly enough about the sound quality and when it comes to streaming music Sonos has been doing it for a long time but lately there is a good amount of competition in that space from Google Apple and others. I fear this IPO could be a last ditch effort to raise some capital and perhaps cash out for Sonos but only time will tell.
AS we get closer to the IPO I am sure we will get a look at what the stock price will be and if it is reasonable I may jump on board a little bit to see where this ship goes. Until then I will continue to enjoy my Sonos products as I have been.
Anyone out there using Sonos? What are your thoughts on the IPO?
I am passionate about the IoT and connected devices. Using connectivity to automate our lives will empower civilization to achieve greatness.