IPO gone wrong

Snapchat AQTG64
Apr 15 144 Comments

Which stock will behave like lyft when they IPO?

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TOP 144 Comments
  • New Monono
    Uber, Lyft and Doordash have their entire business model based on subsidizing the product at their own expense. Pinterest's has the same business model as Facebook. They just need to get better at advertising and their financials suggest they are. I'd take Pinterest and slack over the other 3.
    Apr 15 6
    • Amazon / Admin ❤Ilotr
      @dupe, that is really not a different business model. Save for the few restaurants that doordash individually drives up volume to the point that the restaurant can take the hit, most restaurants will just mark up and transfer the cost to the consumer in the long term. Cos, margins.
      Apr 15
    • Microsoft richardhea
      And considering how thin restaurant margins are, how much do you think DoorDash can make?
      🍆
      Apr 15
    • Qualtrics ❄️IsComing
      I can tell by my experience, delivery model will face the same fate as blue Apron. I used food delivery for few days but the cost difference is too much. Food prices are jacked up, multiple levels of service charges, and tip. I rather call the restaurant to place a ToGo order on my way home.
      Apr 15
    • LinkedIn void 0
      I ordered a local dim sum place I visited recently with uberEats and noticed their prices were 50% higher than in-restaurant. So these costs will get passed on to the consumer.

      I also find it incredibly shady that Postmates has tried to offer “free delivery” when what they mean is “no delivery fee” and what they mean by “no delivery fee” is “we’re gonna just call it a ‘service fee.’ UberEats and DoorDash now all have service fees, small cart fees, some have minimums, etc. this business model makes no sense, and it literally cannot work outside big metros. One potential out is autonomous delivery bots like DoorDash was testing but SF city gov moved to ban them from the sidewalks *immediately.* They have a nice catch-22: the only environment where they can achieve a profitable solution is actively hostile to that very solution.
      Apr 17
    • Uber nibbles
      Nice to know SF government can get things done as long as it doesn’t involve improving the quality of life for its taxpayers.
      Apr 17
  • Google LyLs67
    Uber, Lyft: right execution, unsustainable business.

    Pinterest: good business, bad execution
    Apr 15 7
    • Google LyLs67
      I disagree. If prices rise, demand will tank and Uber is a. Much smaller business. Also traditional taxis will be back.

      Basically there is no financial reasons for a 30 percent comission entity for hailing taxis other than to subsidize the business
      Apr 15
    • Amazon mUwn3e
      Actually I disagree. I think uber can be profitable if they set realistic prices, because let's face it, there is 100% a need for a simplified UI for q ride hailing service, as well as the ability to create the equivalent of a premium bus (semi-private car if you use uber pool). But in the old days I remember a 40 minute taxi ride to the airport costing $60. Uber would have to bring prices up to match existing taxi fare, but people would still use Uber over taxis because of UX. Of course demand will drop as millennials dont have $40 to shell out on their daily commute, so we will see by how much and how uber will deal with it.
      Apr 16
    • Uber nibbles
      Uber has increased the supply and utilization rate of drivers so $60 airport rides are gone forever. But yes price will have to rise a bit after we finish boxing 🥊
      Apr 17
    • Lyft wXfl07
      As you might be aware, there is a lot of corruption in the taxi business, especially in regards to airports, which are the major profit centers in most metro areas. So as long as Uber & Lyft are cleaning up this corruption, there is DEFINITELY a lot of money to be made here; Qualcomm's entire business model is cleaning up corruption (first in trucking with omnitracs, later in cellular with lazy european engineers).
      Apr 30
    • Amazon mUwn3e
      Question is, when are they going to flip to switch for real prices and how many customers will be left?
      May 2
  • Adobe / Eng
    hjiILlGTZz

    Adobe Eng

    PRE
    Google
    hjiILlGTZzmore
    Pinterest wants me to log in to view stuff... FU. I won’t log in or create an account just to view crap.. this is the internet we can go elsewhere .. that’s why those stats are getting lower. Any Pinterest devs in here need to know that we don’t have time to log in... we don’t care enough to do that.. remove login, your page-views will climb
    Apr 15 10
    • Facebook / Eng 435
      I don’t even care if I cannot see the crap on pinterest without logging (which I will never do) but what really annoys me is that sometimes half of the google image search results are pinterest pictures! I will never understand why google does this.
      Apr 15
    • Expedia glued
      Apps like Pinterest and Slack will burn to the ground when there is a recession.
      Apr 16
    • Square / Eng SQ
      Strange coming from a company that will actually be affected by a recession.
      Apr 16
    • Expedia glued
      Expedia will be affected by recession, sure. But I thought we were talking about Pinterest and Slack.

      I also think Expedia won’t die if there’s a recession. There’s a lot of infrastructure involved in a travel company. You need to negotiate contracts with hotels, and Expedia has been doing this since years. It’s easy for companies to dump slack for an open source alternative to cut costs during a recession.
      Apr 16
    • Uber nibbles
      If google images is just a Pinterest proxy consider using Pinterest instead of the proxy. I bet you have a Google acct.
      Apr 17
  • Look at Pinterest google trends . Constantly going down , is there any growth ?
    Apr 15 4
    • Pinterest / Eng drogonpin
      If google trends is the measure of a company growth then sure
      Apr 15
    • Uber nibbles
      Yes, people tend to navigate to it directly or use the app directly. Its growth has slowed down but at 250M users it doesn’t really need more to be successful (although of course more is better), it just needs to monetize them better.

      Source: former P employee
      Apr 15
    • Houzz fight
      Did you read S-1, which is a better source? Google trends could go down if Pinterest moved their traffic to app, users wont search on Google anymore.
      Apr 15
    • Airbnb cxUyyW
      Dropbox didn’t plummet too far after IPO, they are in a much worse position in that regard
      Apr 15
  • IBM / Eng bbw lover
    "Which stock will behave like snap?"
    Apr 15 4
  • JOANY / Mgmt e^(iπ)+1=0
    Postmates, DoorDash, and Uber are all in similar situations to Lyft. Pinterest has pretty decent financials. Is there even an S-1 for Slack yet?
    Apr 15 3
    • LinkedIn pvdj85
      Slack’s S1 isn’t public
      Apr 16
    • Google HfSQ81
      Slack is direct listing. Do they need to file an S-1?
      Apr 17
    • LinkedIn pvdj85
      Apparently
      Apr 17
  • SAP / Eng mb0oa0
    What is Pinterest ?
    Apr 15 5
    • Pinterest Xinping
      Welcome to consumer products 101
      Apr 15
    • Facebook c0de
      It's like a more complicated Google image search, except using it results in your email getting spammed.
      Apr 15
    • Walmart.com / Eng QTFP86
      Xinping, pinterest is not consumer product, it is inorganic market created just a thing.
      Apr 15
    • Microsoft / Finance Dunph
      Lol as if SAP is relevant...
      Apr 15
    • Google LyLs67
      Enterprise products always relevant
      Apr 15
  • Amazon yadayaday
    What about Quora?
    Apr 15 5
    • Amazon yhagayavaj
      Did they announce intention to IPO?
      Apr 15
    • Quora jxIz66
      Perhaps. When we feel like it.
      Apr 15
    • Microsoft / Eng Fork Bomb
      I feel like quora is dying. Every time I check the site it's a little shittier. My friends who've worked there have turned pretty sour on the company as well.
      Apr 15
    • Facebook bookfaceig
      Used to always read my daily digest but recently quit since it is mostly garbage now
      Apr 15
    • SAP ksYR03
      Same feeling here. Had a friend working in Quora. Left and was recommending not joining it. In fact he was very much against joining quora. I think Quora is losing its way last year or so. Many have left. It was great place before. Product also looks buggy now
      Apr 15
  • Airbnb stock will also behave like this..
    Apr 15 17
    • Facebook tGTv63
      I believe in Airbnb just by the fact that for my last 3 years of vacations,I always stayed in Airbnb
      Apr 17
    • SAP ksYR03
      Take it a challenge both Uber and Lyft won’t make money. It’s a very cool idea. Trust me. I use them a lot. But it’s not a business. You raise the prices users rides will go down significantly. This monthly plan which both Uber and Lyft launched right? Go and ask someone who has access to data. It won’t be successful. Ask them how is it going. How many are subscribing to this monthly plan and how many are returning.
      Apr 17
    • SAP ksYR03
      Rides are NOT profitable. Pls learn to read b/s. Your operating income is negative. That is before investment in growth. And trust me you raise the fare and your rides will go down. I understand consumer psychology better. It’s a cool idea but not a business
      Apr 18
    • You heard it from SAP, we’re going back to yellow cabs. ;)
      Apr 18
    • SAP ksYR03
      That’s why ppl like u are idiots.
      Apr 19
  • IBM / Eng bbw lover
    I just don't understand how slack is even a thing. There are at least two open source alternatives to slack with the exact ecosystem and control for admins. One can just build it and run it on cloud.

    And it's not that you need Facebook level scalability for one Enterprise. It's just a private chat app and the not so complicated. The exact reason why there are many slack like open source projects.
    Apr 15 13
    • Atlassian / Ops YeIi10
      Yeah, you really don't know what you're talking about here.
      Apr 15
    • Atlassian !available
      @ibm
      Apr 15
    • Microsoft / Product
      SvVc78

      Microsoft Product

      PRE
      Microsoft, Adobe, Flipkart
      SvVc78more
      MS teams is in that space anyways and scaling big time by virtue if it being bundled with office 365 and almost all enterprises uses office 365. How can internal teams justify paying for a separate product
      Apr 15
    • LinkedIn void 0
      @Microsoft: and yet, here we are at LinkedIn still using Slack for engineering. I really hope we hold out for several more years before we succumb to pressure from MSFT.
      Apr 17
    • Microsoft / Product
      SvVc78

      Microsoft Product

      PRE
      Microsoft, Adobe, Flipkart
      SvVc78more
      @ void, that's might be coz you started early. Lot of fortune 500 are yet to adopt any of these. So there is no switching cost or inertia there
      Apr 17
  • Nobody is saying anything about Slack. Does that mean they have good prospects?
    Apr 15 11
    • It’s far more than a messenger. It’s integrations with so many other apps give it some degree of network effects.

      Leave slack and say goodbye to your github and JIRA integrations, for example.
      Apr 16
    • Amazon mUwn3e
      I mean if FB messenger were spun off I could see it doing very well
      Apr 16
    • LinkedIn void 0
      Their biggest competitor might end up being MSFT. It’s all about the ecosystem. Slack doesn’t have its own ecosystem, while msft is investing heavily in its platform.
      Apr 17
    • Expedia glued
      @Intuit integrations you’re talking about are just plugins that are quite straightforward to write. There’s no network effect like Uber or Lyft. It’s easy for a company to write an enterprise chat app, and market it hard. If I were a company being offered a chat app for half the price, I’d happily ditch Slack.
      Apr 17
    • Intuit readyTo🔥
      Uber and Lyft don’t have network effects. Most drivers and riders are on both platforms. There’s no lock-in.
      Apr 18
  • Amazon pio
    All tech IPOs have been overvalued. They pop on IPO date, then come crashing down. I have made $2.7m to date based on buying at open, then selling shortly after, then shorting 30% the next day. Easy money.
    Apr 15 7
    • Snapchat AQTG64
      OP
      Which broker do you use?
      Apr 15
    • SAP ksYR03
      Dude u made $2.7m since when? How much money did U put in to make that?
      Apr 15
    • Oracle Dplaner
      The more relevant question is - how much did you lose while making the $2.7 m
      Apr 15
    • Uber / Eng
      @w@

      Uber Eng

      PRE
      Capital One
      @w@more
      WSB is leaking
      Apr 17
    • Expedia glued
      Kindly do the needful and let us know how you made that 2.7m. Seems like one of those posters who makes 1m working at Amazon as as SDE.
      Apr 17
  • Facebook deus
    Uber doordash and postmates have questionably viable business models, but Uber is probably the closest to achieving healthy profits (and likely better off than lyft).

    Pinterest is healthy but not growing fast; I would liken it to Twitter.

    Slack is a rocket ship. Unusually fast growing for a SaaS company of its size.
    Apr 15 2
    • Uber
      2muchblind

      Uber

      PRE
      Apple, Microsoft
      2muchblindmore
      Slack is a great product but easy to build and replace, just as Slack replaced and completely destroyed HipChat.

      If organizational inefficiency creeps into Slack then it’s only a matter of time till a younger more nimble competitor dethrones them.
      Apr 15
    • Microsoft shambu
      Teams is doing well
      Apr 15
  • Qualtrics / Sales
    '🈚🀄🎶🈶

    Qualtrics Sales

    PRE
    Microsoft, Qualtrics
    '🈚🀄🎶🈶more
    People here use Lyft but short it because of S-1 numbers; Pinterest has better numbers on S-1 and still gets the same treatment because not many men use it. Nothing pleases anyone these days.
    Apr 15 1
    • Oracle / Other alive!
      Another way to say it is “even crap used to please everyone, and now it doesn’t”
      Apr 15
  • Amazon / Eng n0v
    Facebook fell from $50 ish to like $17 after ipo. I'm not saying Lyft is the next Facebook, but it really doesn't matter if Lyft can deliver results.
    Apr 15 3
    • Facebook Ugh-Fidji
      Exactly. Having the stock go up after IPO is not a good thing. It means the company raised less money than it could have - for the benefit of the IPO financiers who were able to buy at the lower IPO price and sell at a higher price.
      Apr 15
    • Microsoft dupe
      Lyft making money is a big “if” tho.
      Apr 15
    • Pinterest PJqy52
      It isn't black and white. Some companies try the Facebook method of taking as much off the table as possible, get beat up, and then spiral into chaos as employees lose hope and leave. Facebook survived, many don't. The opposite example sometimes works and sometimes doesn't.
      Apr 15
  • eBay sanlimore
    Waiting for lyft drops to $17
    Apr 15 2
    • Lyft / Mktg
      BasedGod

      Lyft Mktg

      PRE
      Startups.co
      BasedGodmore
      SORRY YOU DID NOT MEET THE SELLERS RESERVE PRICE. Happy bidding, lil bih.
      Apr 15
    • eBay sanlimore
      I'll be patient. Happy holding
      Apr 15
  • Lyft / HR
    Iranian

    Lyft HR

    PRE
    Startups.co
    Iranianmore
    Anyone who works in Marketing knows Pinterest is beyond fucked.
    Apr 15 1
    • Microsoft / Finance Dunph
      Everyone that knows basic math knows that lyft is beyond fucked?
      Apr 15
  • Snapchat AQTG64
    OP
    ZOOM is down 70% today. Snapper than SNAP
    Apr 16 3
    • Microsoft vivalavida
      ZM is not ZOOM
      Apr 16
    • Microsoft vivalavida
      No wonder SNAP crashed
      Apr 16
    • Microsoft / Finance Dunph
      😂😂😂😂 not too smart huh
      Apr 18
  • Oath OPnd70
    Uber & Pinterest are opportunities to short once they’re public in my opinion. I suspect they’ll have a good first day and then cliff dive throughout the rest of the year.
    Apr 15 1
    • Microsoft / Eng 🍤🍤&🌭🌭
      I doubt you’ll be able to short the stocks as shares to loan will be low.
      Apr 15
  • Google Tronaldrum
    Every one of these. The valuations that were accorded in the latest rounds are already stretched. Slack may be the outlier, but for the others a slowdown in the economy would hurt bigly
    Apr 15 0