It’ll crash like slack
Are they profitable enough to make it as publicly traded company?
Yes
Profitable in theory. No one seen the numbers other than insiders. Even the term profitable can be subjective. What if they have bookings but cash collection is a mess. What about potential expenses/fine they refuse to pay. Perks of being private is you don’t have to explain any of that to the public.
Screw them (yeah, I failed their interview).
Everything is too late stage to be worth buying. These companies are at their peak valuations.
These companies are so greedy that they pumped their valuation to the maximum and leave no money on the table for investors
same post last year and next year?
If they are so profitable why do they keep postponing their IPO?
It’s further away than I thought. I mean, if they file for ipo next year, it will be a few months before they are actually on NYE, and with the lock time of 6mo it could be mid 2021 that average employees can cash out...
It could be direct listing as company does not need cash
2008: Founds Airbnb to help pay his rent in SF 2020: Takes Airbnb public, probably also to pay his rent in SF