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Which bags were the public left holding? There have been a lot of very easy wins for investors picking up VC-backed companies in the public market. If all you d
by adventured 7y ago
Which bags were the public left holding? There have been a lot of very easy wins for investors picking up VC-backed companies in the public market. If all you did is just spray around some diversification at prominent tech IPOs, you've done extraordinarily well over time.
Since IPO:
Shopify? $28 to $754
ServiceNow? $25 to $361
Alibaba? $93 to $199
Splunk? $36 to $149
DocuSign? $39 to $119
Teladoc? $28 to $188
Atlassian? $27 to $175
MongoDB? $30 to $194
Square? $12 to $73
Twilio? $26 to $187
Workday? $48 to $153
Veeva? $44 to $195
Zoom? $62 to $167
Facebook? $38 to $205
Palo Alto Networks? $53 to $215
Okta? $23 to $177
Wix? $17 to $166
Wayfair? $32 to $183
The Trade Desk? $27 to $292
Coupa? $29 to $205
RingCentral? $18 to $283
Zendesk? $15 to $73
Zscaler? $33 to $75
PayPal? $34 to $143
CyberArk? $30 to $96
Proofpoint? $13 to $115
Qualys? $13 to $101
Smartsheet? $19 to $52
JD.com? $20 to $47
Anaplan? $24 to $40
Zillow? $26 to $46
Roku? $26 to $117
Or more recently:
CrowdStrike? $58 to $76
Cloudflare? $18 to $27
Fastly? $24 to $36
Maybe they're holding one of the older bags.
Fortinet? $8 to $137
Tesla? $20 to $790
Salesforce? $4 to $169
Baidu? $8 to $95
Netflix? $1 to $438
Google? $50 to $1,349
Oh the horror.
- novia 7y agoblue apron?
- grogenaut 7y agoGroupon, Singulex, etc. you're survivor biasing on those who actually did well.
- ggm 7y agoSeveral of these sucked the lifeblood out of other income streams, which is just money redistributed not value added. Several broke regulated public utility or near utility functions like housing and transport. Some are just scofflaws (uber, Airbnb) Many are extra territorial trans national tax avoidance These left and right columns distort the actual net effect on the economy. Sure: my pension fund will be in all of them
- s1artibartfast 7y agoAll of that may or may not be true, but the claim was that VCs pumped and dumped the companies on hapless investors, which clearly isn't the case.