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I'm worried about the impact of collapsing valuations of Lyft and Uber. Out of curiosity, does anyone know what big successful companies have gone public when t
by cleandreams 8y ago
I'm worried about the impact of collapsing valuations of Lyft and Uber. Out of curiosity, does anyone know what big successful companies have gone public when they were losing large amounts of money? What happened to the stock price?
- jaypeg25 8y agoEvery biotech ever?
- Areading314 8y agoIt's not quite the same since a biotech will often have a patent-enforced monopoly which generates zero-risk profits after the uncertain FDA approval process. These companies usually get acquired quickly after their drugs hit the market
- kaikai 8y agoI'm also worried about this rash of IPOs not going well. I wondered if that's why so many companies are suddenly pushing for IPO on a tight deadline, after Uber announced. Once one big unicorn tanks after IPO, future IPOs will probably go poorly.
- tachyonbeam 8y agoIt could also be because the stock market has been a little shaky lately, and everyone is expecting a recession is around the corner. IPO and sell the stock now, before the market crashes, rather than during the crash.
- linuxftw 8y agoTwitter. Has been a (large) net loss since IPO, just finally started turning a profit. Ultimately, depends on what you mean by success. I don't know of any companies that were VC cash burners, IPO'd, and then delivered great results over the next 5 years. I'd say that some must exist, surely, just don't know which they are.
- selectodude 8y agoFacebook
- rossdavidh 8y agoFB first hit cash positive in 2009: https://www.cbc.ca/news/technology/facebook-cash-flow-positive-signs-300m-users-1.826223 https://www.cbc.ca/news/technology/facebook-cash-flow-positi... IPO was in 2012. Very different than Lyft.
- screye 8y agoTo add to your point, Twitter's current stock price sits at ~75% of their IPO and their number of active users peaked at Q1 2018 (most likely boosted by Trump) and have been decreasing since. Twitter's situation may be worse than people think. Hardly a success.
- linuxftw 8y agoI'd say, as a brand twitter is successful. As an investment, probably not as much.
- Q6T46nT668w6i3m 8y agoGroupOn. It has gone poorly. https://www.google.com/search?q=groupon&tbm=fin#scso=_X0-dXJ7cB5aBk-4P8OO40AQ2:0 https://www.google.com/search?q=groupon&tbm=fin#scso=_X0-dXJ...
- maxxxxx 8y agoMaybe Amazon. they didn't make profits for a very long time. But they didn't lose money Uber or Lyft either.
- icedchai 8y agoMost SaaS companies that have gone public were losing money. Many still are.
- geekrax 8y agoSNAP. Opened @ 27. Was $5 in December (-81% from open). Now $10 (-63% from open).
- cycrutchfield 8y ago$17 was the IPO price
- cloudwalking 8y agoTesla https://www.google.com/search?q=tesla&tbm=fin#scso=_WH-dXPHvL5Kr8APT44mgCg2:0 https://www.google.com/search?q=tesla&tbm=fin#scso=_WH-dXPHv...