From Demystifying the IPO for comms with Daniella Vallurupalli · · Smart In Public Pod
“During the quiet period, you can't reference the IPO or talk about anything not in the S1 filing. The goal is to not pump up the market or try to get investors to buy stock prematurely.”
On , Daniella Vallurupalli, VP & Head of Global Communications at Cloudflare, spoke about quiet period during Demystifying the IPO for comms with Daniella Vallurupalli on Smart In Public Pod.
Daniella Vallurupalli, Vice President and Head of Global Communications at Cloudflare, appeared on the Smart in Public podcast on August 16, 2025, to discuss the communications strategy behind an initial public offering (IPO). She described IPOs as "kind of like weddings," noting that companies fantasize about the process and quickly become experts on its challenges and rewards. Vallurupalli stated that there is "no magic number" for when a company should begin IPO preparation, adding that the decision "really starts with what the founders or leaders want." Vallurupalli detailed several practical steps her team took during Cloudflare's IPO process. She said she created a tracker for every inbound media inquiry to ensure consistent and human responses, and noted that during the quiet period, communications teams cannot reference the IPO or discuss anything outside the S1 filing. She described the S1 as "the holy grail document" that marks the public flip moment. Vallurupalli emphasized that transparency remained important, but that meetings became more guarded during the process, so her team shared photos and stories with employees to keep them engaged without breaking compliance. She also said the team practiced mock earnings calls every quarter before going public to build confidence.