Is it a sinking ship. TC: 170k, yoe : 2
Man everything is sinking. Welcome to the tech recession. It will only get worse from here.
Uber, what is your thoughts on pre-IPOs like yourself, airbnb, lyft if recession hits? Thought of joining one, but now I'm not sure.
I think Uber won't be able to ipo next year. Might have to wait 2 years or so (in my personal opinion) . Lyft is fucked since they have no markets where they are a monopoly (like Uber). I don't know about AirBNB. Imo Apple was the bellwether stock for this tech boom. They consistently crushed estimates and became the first 1 trillion dollar company. But now they have hit a wall. They are both the bellwether and harbinger
Even dinosaurs are sinking
I’m “sinking” it is sinking - Qi
Realistically how low can snap go though?
I’m saying. Surely fb or some other company would consider buying them out. 7 billion seems cheapish. Heck fb and google offered 3,4 billion back in the day
Buy and do what with the sinking ship
Come and ask for L3 I believe it's good choice
LOL that’s hilarious. I’ve worked on ads teams and growth and I can tell you we are doing extremely well as a company despite negative Wall Street sentiment. Just look at our p/e it’s like 22
PE of 22 is a value trap for FB. Once you guys cut earnings, the forward PE will suddenly be much higher.