One thing to note about Natera's growth story:
Revenues have been flat for the past three quarters - 46.274M --> 49.884 M --> 47.435 M. These numbers are taken from page 79 of the prospectus. Maybe this quarter will improve with the sales expansion, but this may be tempered by the various issues associated with the V2 launch.
Some people will surely benefit from the IPO: (from page 148 of the prospectus)
Employment Arrangements with Immediate Family Members of Our Executive Officers and Directors
Daniel Rabinowitz, a brother of Matthew Rabinowitz, our Chief Executive Officer, President and Chairman, has been employed by us since July 2004. Daniel Rabinowitz serves as our General Counsel and Secretary. During our fiscal years ended December 31, 2012, 2013 and 2014 and the three months ended March 31, 2015, Daniel Rabinowitz had total cash compensation, including base salary, bonus and other compensation, of $212,157, $225,000, $603,702 and $1,032,305 respectively.
Daniel Rabinowitz's compensation level was determined, in part, by reference to similarly situated employees who were not related to an executive officer or director. He was also eligible for equity awards on the same general terms and conditions as applicable to other similarly situated employees who were not related to an executive officer or director.
FYI he earned more last quarter than our CFO made the entirety of 2014. On page 136, it is reported that our CFO earned $595,463 in total compensation in 2014.