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This unicorn CEO says some tech valuations are 'insane' and 'I don't know how I would be able to sleep at night if I was one of them'

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For the past two years, Sprinklr CEO Ragy Thomas as been thinking about whether to take his company public in an IPO. He's still thinking about it, he told Business Insider at the Web Summit in Dublin today. The problem is all the other $1 billion unicorns screwing up market expectations, he says. In March, Sprinklr raised $46 million in an investment round that valued the company at $1.17 billion. Sprinklr provides social media and customer relations management services to very large companies that need them on a massive scale. For instance, companies with multiple products sold in multiple companies may have dozens or hundreds of...

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