IPO gone wrong

Snapchat AQTG64
Apr 15 143 Comments

Which stock will behave like lyft when they IPO?

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TOP 143 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 156
    • Microsoft dupe
      Doesn’t DoorDash also charge the restaurant? The collect on both side of the transaction, no?
      Apr 15
    • 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.
      7d
    • 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.
      7d
  • Google LyLs67
    Uber, Lyft: right execution, unsustainable business.

    Pinterest: good business, bad execution
    Apr 155
    • Facebook deus
      I hadn’t thought of it that way but that is a really good description.
      Apr 15
    • Splunk KE94107
      Uber and Lyft will duke it out chasing low prices until Uber inevitably wins. Then the price will go up. Early shareholders might lose (the same way fiber-optics shareholders got screwed by a race to the bottom 20 years ago) but ultimately Uber or its successor has a sustainable biz.
      Apr 15
    • 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 🥊
      7d
  • Adobe / Eng
    hjiILlGTZz

    AdobeEng

    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 1510
    • Square / EngSQ
      Yes because page views of users that won't convert anyways is such a useful metric.
      Apr 15
    • Adobe / Eng
      hjiILlGTZz

      AdobeEng

      PRE
      Google
      hjiILlGTZzmore
      Conversion is based on usage, don’t allow me to use it, I won’t convert , also adverts are based on page views also..
      Apr 15
    • Facebook deus
      It is probably product managers, not devs, that make these decisions.
      Apr 15
    • Amazon / Finance
      Gblz

      AmazonFinance

      PRE
      Amazon
      Gblzmore
      Anyone find it interesting that OP is seemingly eager to view... 'crap'?
      Apr 15
    • Google LyLs67
      @Amazon: what's your point.. All of us view crap on the Internet.. example Facebook
      Apr 15
    • Facebook / Eng435
      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 / EngSQ
      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.
      7d
  • Look at Pinterest google trends . Constantly going down , is there any growth ?
    Apr 154
    • Pinterest / Engdrogonpin
      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 / Engbbw lover
    "Which stock will behave like snap?"
    Apr 155
  • JOANY / Mgmte^(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 153
    • LinkedIn pvdj85
      Slack’s S1 isn’t public
      Apr 16
    • Google HfSQ81
      Slack is direct listing. Do they need to file an S-1?
      7d
    • LinkedIn pvdj85
      Apparently
      7d
  • SAP / Engmb0oa0
    What is Pinterest ?
    Apr 155
    • 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 QTFP86
      Xinping, pinterest is not consumer product, it is inorganic market created just a thing.
      Apr 15
    • Microsoft / FinanceDunph
      Lol as if SAP is relevant...
      Apr 15
    • Google LyLs67
      Enterprise products always relevant
      Apr 15
  • Airbnb stock will also behave like this..
    Apr 1518
    • Autodesk auto-mate
      Right...but Airbnb will stick there for a long time compared these ride hailing companies.
      Apr 15
    • SAP ksYR03
      Yeah that’s what I am saying.
      Apr 15
    • Airbnb GkDX06
      Compared to companies that aren't even making money? Didn't think so.
      Apr 15
    • Microsoft / FinanceDunph
      Living in a hotel is better than airbnb at the same price 99% of the time
      Apr 15
    • LinkedIn Al_Bundy
      I think Airbnb has a better lifespan as they’ve been profitable for over two years.
      Apr 15
    • Facebook tGTv63
      I believe in Airbnb just by the fact that for my last 3 years of vacations,I always stayed in Airbnb
      7d
    • 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.
      7d
    • 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
      6d
    • You heard it from SAP, we’re going back to yellow cabs. ;)
      6d
    • SAP ksYR03
      That’s why ppl like u are idiots.
      5d
  • Amazon yadayaday
    What about Quora?
    Apr 155
    • Amazon yhagayavaj
      Did they announce intention to IPO?
      Apr 15
    • Quora jxIz66
      Perhaps. When we feel like it.
      Apr 15
    • Microsoft / EngFork 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
  • IBM / Engbbw 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 1513
    • IBM / Engbbw lover
      Ok. 10billion seems a fair amount? Still think it's too much.
      Apr 15
    • That’s a fair judgement to make however everything has been overpriced. Based off revenue it might be a realistic valuation but I don’t know Slack’s numbers.
      Apr 15
    • Microsoft / Engfnck40
      I love how you simplified the work of 100s of people like its nothing. A pro top, just update that open source code with administration features and you can sell it half the price of slack.
      Apr 15
    • With this logic, any managed service is worth nothing. Aws, gcp, everything is worthless apparently
      Apr 15
    • IBM / Engbbw lover
      I'm questioning the need for a chat app as managed service in the first place. I know it's much more than chat app but it severely lags behind in video conferencing and file sharing.

      I'm just thinking about the future competitors in this space because it's easy to enter into this space.
      Apr 15
    • Atlassian / OpsYeIi10
      Yeah, you really don't know what you're talking about here.
      Apr 15
    • Atlassian !available
      @ibm
      Apr 15
    • Microsoft SvVc78
      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.
      7d
    • Microsoft SvVc78
      @ 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
      7d
  • 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 157
    • Microsoft lamdbaK
      How does one short stocks ? Isn’t is too risky? I don’t know enough about shorting
      Apr 15
    • Amazon hsl44428q
      The people here don't actually short stocks. Buy a put option and sell a call option at the same strike and expiration dat. Congrats, you now have a synthetic short.

      You also have a potential for unlimited losses with this, so now that you know how, don't do it. 99% of the people claiming to make millions on shorts are full of shit.
      Apr 15
    • 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@

      UberEng

      PRE
      Capital One
      @w@more
      WSB is leaking
      7d
    • 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.
      7d
  • Nobody is saying anything about Slack. Does that mean they have good prospects?
    Apr 1511
    • Amazon Jеff Bezоs
      Until somebody rediscovers IRC from the 90s and hooks it up to a MySQL database.
      Apr 15
    • Uber eskbf
      A few years back people were all excited about Yammer. See where that went.
      Apr 15
    • Rackspace / ITmYNo13
      Most places doing remote work are using Slack. I'd say they are likely to do very well.
      Apr 15
    • Microsoft SvVc78
      After a while it becomes a GTM play. Teams from Microsoft is in that space and within MS there is big investment in that space too..so its tough competition for them there. Honestly its used heavily in tech. Traditional firms are still in email
      Apr 15
    • Expedia glued
      I really have no idea how a messenger app can go IPO. I think Slack’s a fad that’ll die away sooner or later.
      Apr 16
    • 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.
      7d
    • 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.
      7d
    • Intuit readyTo🔥
      Uber and Lyft don’t have network effects. Most drivers and riders are on both platforms. There’s no lock-in.
      6d
  • 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 152
    • 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
    '🈚🀄🎶🈶

    QualtricsSales

    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 151
    • Oracle / Otheralive!
      Another way to say it is “even crap used to please everyone, and now it doesn’t”
      Apr 15
  • Amazon / Engn0v
    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 153
    • 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 152
    • Lyft / Mktg
      BasedGod

      LyftMktg

      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

    LyftHR

    PRE
    Startups.co
    Iranianmore
    Anyone who works in Marketing knows Pinterest is beyond fucked.
    Apr 151
    • Microsoft / FinanceDunph
      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 163
    • Microsoft vivalavida
      ZM is not ZOOM
      Apr 16
    • Microsoft vivalavida
      No wonder SNAP crashed
      Apr 16
    • Microsoft / FinanceDunph
      😂😂😂😂 not too smart huh
      6d
  • 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 151
    • 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 150
  • Autodesk autodesk
    Pagerduty not going wrong but better compared to others in my opinion
    Apr 150
  • Microsoft shambu
    Is there a way to select all with one click? 😂
    Apr 150
  • Yahoo / EngTC or GTF0
    This is a poll done correctly. I selected all options.
    Apr 150
  • Facebook gd5wv9
    What about Stripe?
    Apr 160
  • Tableau / EngHanrahan
    1 12 11p
    22
    Apr 150
  • Walmart.com byebyWMT
    Man - I have made shit ton money on Lyft put. Help me get richer. Planning to get on margin call . When is postmatws and door dash going public .
    Apr 150
  • Booking.com XqBM21
    funny that making money is not a thing anymore :D all that potential of uber with all those lawsuits with local unions and what not... a dream come true... market disruption is good, but bulldozing like this?
    Apr 150
  • Walmart.com byebyWMT
    What is the brokerage fee for you and who is your broker ?
    Apr 154
    • Autodesk auto-mate
      Robinhood...everything’s free
      Apr 15
    • Walmart.com byebyWMT
      Puts/Calls are free. Margin and Shorting are not available as part of the basic account . I am being offered the Robinhood Gold Account . What are the benefits ? Any tips are appreciated
      Apr 15
    • Pinterest PJqy52
      It's not actually free... they don't charge a per trade commission, but it is not free.
      Apr 15
    • Facebook moonris
      Maybe Robinhood should be up there
      Apr 16
  • This comment was deleted by original commenter.

  • New / Mktg
    hrWD33

    NewMktg

    PRE
    Oracle
    hrWD33more
    Jumia : amazon of Africa. I've used them when visiting. Decent service. 6bil market cap as of now. Could rise to 10+
    Apr 160
  • Gusto xFGv12
    Microsoft or someone else could buy Slack before they list like Qualtrics, etc.
    Apr 160
  • Walmart.com byebyWMT
    Huh ?
    Apr 150
  • Salesforce wilywanker
    Why do you think it’s gone wrong? Company raised the maximum amount the could, so from company aides perspective I call it a success
    Apr 150

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