Arm Looks for Smooth Trading Debut in $4.9 Billion IPO

The transcript discusses SoftBank's decision to price shares at $51 to ensure a smooth debut, highlighting the importance of valuation in investments. It emphasizes ARM's foundational role in technology and its vast market potential. The need for ARM to significantly grow its sales and profits to meet investor expectations is also discussed.

What is the approximate earnings multiple mentioned in the text?

What do investors believe ARM needs to do to improve its valuation?