Tailscale Founder Talks Future IPO as Revenue Surges on AI Adoption

Canadian software networking startup Tailscale Inc. is sketching out a long-range plan to go public after unexpectedly becoming a beneficiary of the artificial intelligence boom and quickly doubling its valuation to $1.5 billion.

An initial public offering in “three years would mean we’re doing really well,” founder Avery Pennarun said in an interview. But it’s “probably more like five years plus,” he cautioned.