-100%

est. 2Y upside i

Rank

#4474

Sector

Big Data Software

Est. Liquidity

~0Y

Data Quality

Data: High

The premise of receiving Hortonworks equity is invalid as Hortonworks merged with Cloudera in January 2019.

Last updated: March 10, 2026

Bull (0%)-100%

Hortonworks equity was converted to Cloudera shares in January 2019 and subsequently cashed out when Cloudera was acquired by KKR and Clayton, Dubilier & Rice in October 2021 for approximately $5.3 billion. There is no remaining Hortonworks equity to provide upside.

Base (100%)-100%

Hortonworks equity was converted to Cloudera shares in January 2019 and subsequently cashed out when Cloudera was acquired by KKR and Clayton, Dubilier & Rice in October 2021 for approximately $5.3 billion. There is no remaining Hortonworks equity to be evaluated.

Bear (0%)-100%

Hortonworks equity was converted to Cloudera shares in January 2019 and subsequently cashed out when Cloudera was acquired by KKR and Clayton, Dubilier & Rice in October 2021 for approximately $5.3 billion. There is no remaining Hortonworks equity, resulting in a complete loss of value for any hypothetical current offer.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

Funding Intensity

17%

Hortonworks equity was converted to Cloudera shares and then cashed out in 2021, meaning the original preference stack is irrelevant, but the common stock value is zero.

Dilution Risk

high

Any prior Hortonworks equity has been fully diluted out of existence through the merger and subsequent cash acquisition of Cloudera.

Secondary Liquidity

none

There is no secondary market for non-existent Hortonworks equity, and Cloudera is a private company with no public secondary market.

Questions to Ask at the Interview

Strategic questions based on Hortonworks's data — designed to show you've done your homework.

  • 1

    Given that Hortonworks merged with Cloudera in 2019 and Cloudera was taken private in 2021, could you clarify what entity the equity offer is actually for, and its current valuation basis?

  • 2

    If the offer is for equity in the private Cloudera, what is the current valuation, and what are the anticipated liquidity events or secondary market opportunities for employee equity over a 2-year horizon?

  • 3

    How does the company plan to compete in the evolving big data and AI market against major cloud providers and other well-funded private entities, and what are the key growth drivers for the next 2-5 years?

Community

Valuation Sentiment

Our model estimates -100% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.