Lyft IPO

Salesforce SnackForce
Mar 18 171 Comments

Are you going to buy lyft stocks as soon as it becomes available? If not, comment why.

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TOP 171 Comments
  • Uber
    yeeeeep

    Uber

    BIO
    I am not TK
    yeeeeepmore
    Because Uber
    Mar 18 20
    • New bui
      I smoke braps for a living
      Mar 19
    • VMware yehaaaa
      40% returns.
      Mar 19
    • eBay 737max
      Short it to hell!
      Mar 19
    • Uber didify
      LOL! I did 10x in crypto and that doesn't make me an investor. Just got lucky man.
      Mar 19
    • Amazon / Eng sde3
      So many levels of facepalm 🤦🤦🤦
      Mar 20
  • Microsoft M💰FT
    Buy butterfly spreads if you want to play with this (and Uber’s) IPOs.
    Mar 18 24
    • Palo Alto Networks KTkC88
      Do box spreads. Literally can't go tits up
      Mar 19
    • Facebook reslike
      You still have to manage IV, the underlying may fail to move enough
      Mar 19
    • Facebook AyyoLeMayo
      Implied volatility and spreads will be insane, gl trying to make money off that
      Mar 20
    • Microsoft M💰FT
      @KTkX88 I see you go on WSB too!
      Mar 20
    • Qualcomm XWOy24
      there won’t be any options for first few weeks so there is no concept of IV. stock will be very liquid so spreads will it be crazy
      Mar 21
    • Facebook knsbf
      if analysts are that amazing, they won't be analysts. Of course there is exception but those are really more than exception than the norm. Read what analysts say with a huge pinch of salt.
      Mar 19
    • Uber
      @w@

      Uber

      PRE
      Capital One
      @w@more
      Analysts have been screaming about the death of Apple for decades
      Mar 19
    • Bloomberg bbg86
      My brother is an analyst. Remember, news outlets and banks are sometimes paid in advance for writing favorable articles. Always take articles with a pinch of salt.
      Mar 19
    • Oracle / Design :.:.:
      If this guy is gonna short Lyft, then at least he’s putting some skin in the game. Analysts are usually full of shit but the arguments here are sensible, would just be curious to see this dude’s portfolio.
      Mar 19
    • Mesosphere / Eng Onesie
      You do know right that analysis were actually right for FB and the stock tanked initially. Only post the mobile ad efforts did it pick up and FB is what it is now.
      Mar 19
  • Amazon HouseBezos
    Ubsies will be better than Lyfties.
    Mar 19 7
    • AIG / Product
      Raging

      AIG Product

      PRE
      Deloitte Digital
      BIO
      Counseling CxOs for AI-first strategy !
      Ragingmore
      Both are #bigShort s
      Mar 21
    • Facebook giovani
      Coming from AIG dude...
      Mar 21
    • Uber didify
      I mean... They know about unreaponsable behaivor, no?
      Mar 21
    • AIG / Product
      Raging

      AIG Product

      PRE
      Deloitte Digital
      BIO
      Counseling CxOs for AI-first strategy !
      Ragingmore
      @giovani , @didify - nothing personal, just about the mechanics around such liquidity events.

      Massive supply + just about fair to slightly stretched pricing for VC exits = 1 yr underperformance

      I had a huge stash (1k options) of deep out of the money FB puts in 2012 once options started trading. Sold most of them at 20-30x gains when insider kids started selling in panic. Kids like Moskovitz sold under $20 too-LOL! Later, employees sold in Nov. Peter Thiel was selling at sub-20 too!

      https://money.cnn.com/2012/08/22/technology/facebook-dustin-moskovitz/index.html

      Later, in 2013, I purchased FB stock when Zuck got his strategy right (#MobileFirst).

      Uber, Airbnb offer a similar opportunity. Insiders are desperate for liquidity - based on my survey of over 13 funds and 60+ early employees.

      Long term, they'd be worth an investment but only after valuations correct.
      Mar 21
    • Facebook giovani
      When markets become predictable and rational, I will seek your advice. Hindsight is always clear
      Mar 21
  • Spotify qazwsxedcv
    Buy amazon they make more off each Lyft ride than Lyft does
    Mar 19 4
    • VMware yehaaaa
      Very false.
      Mar 19
    • Uber didify
      LOL! he is not wrong! Amazon makes 0 dollars, while lyft is negative. What am I missing?
      Mar 19
    • Amazon mudgutcvhg
      Aws?
      Mar 20
    • Uber didify
      Ah! Yes! LOL!
      Mar 21
  • Facebook ufBg68
    They make no money and they're giving me 30% off promos every week...seems like a legit business
    Mar 19 2
    • Twitter Ugh2
      Same. They are like a desperate Silicon Valley software engineer on tinder. Doing anything and everything to get some action from anyone.
      Mar 19
    • Apple / Eng Marijuana
      They have to show growth to get a higher stock price at IPO. They are compensating by charging $2 per eBike ride.
      Mar 20
  • Lyft FxGD15
    No. Because I already own a shit-ton of Lyft stock via RSUs. It's better to diversify
    Mar 18 6
    • DoorDash DopR30
      Give me a few!
      Mar 19
    • Amazon JcrE05
      Lol
      Mar 19
    • Uber / Ops Hd63gf7
      Lol 🙌
      Mar 19
    • Uber Lil Weezy
      What’s a shit ton?
      Mar 19
    • Should buy some Uber stock to diversify. Not a joke but in theory I should do the same in reverse.
      Mar 21
  • Amazon / Eng n0v
    Online taxi companies are over hyped. Especially #2 online taxi company.
    Mar 19 2
    • Twitter Ugh2
      and losing tons of money with no profitability in sight
      Mar 19
    • Booking.com / Eng whatsgo
      Hello Twitter :)
      Mar 20
  • Facebook 2Blind4U
    Pro tip: Go to the casino with the money you were going to spend on the Lyft ipo and bet it all on black. You have a chance of making money in this plan and it only takes like a couple hours. Use your extra time to think about what you did, so you never do it again.
    Mar 19 7
    • Samsung leWV17
      Maybe that's a bit optimistic. My point is the upside is a lot bigger than the down side
      Mar 19
    • Samsung leWV17
      I lost with SNAP but I made a ton in twilio
      Mar 19
    • Samsung leWV17
      But yes I'm mostly in index funds
      Mar 19
    • Facebook QVuq04
      Well I guess crazier things have happened. So who’s to say there isn’t that chance. I would give up on making sense of valuations if that does
      Mar 19
    • DigitalOcean rawrrr
      I am losing a lot to SNAP as well 😅
      Mar 19
  • Uber bkigfd
    Lyft is being very misleading about market share. The market share numbers they cite are from one of their biggest shareholders. Huge conflict of interest. The Second Measure numbers are more accurate.
    Mar 19 0
  • Facebook / Eng
    ImpactMan

    Facebook Eng

    PRE
    Google
    ImpactManmore
    Might as well just burn my money.
    Mar 19 2
    • Uber workmule
      Word. That’s also how lyft improved their market share...
      Mar 19
    • Did they improve their market share when people temporarily boycotted Uber?
      Mar 20
  • Bloomberg ezJV08
    Man I only got so much money to short.. why did Uber and Lyft file at the same time 😞😞😞
    Mar 20 5
    • Oracle / Design :.:.:
      Uber has a chance. They’re thinking expansively and going into markets with opportunities for growth. Lyft is all about being a taxi service. Just short Lyft.
      Mar 20
    • Uber bkigfd
      If you remove investments in future growth, Uber is already profitable. Lyft is lighting cash on fire to buy marketshare.
      Mar 20
    • Oracle / Design :.:.:
      And they’re doing a shitty job of it, both in terms of actually burning cash and getting meaningful marketshare.
      Mar 20
    • Uber bkigfd
      Yup, it’s just vanity marketshare as measured by one of their largest shareholders (Rakuten). High conflict of interest in terms of wanting to demonstrate growing marketshare to inflate the value of their investment.
      Mar 20
    • Oracle / Design gavinB
      Funny, Lyft thought Uber’s troubles from a couple years ago would be good for them. Instead, Uber learned and got diligent, Lyft just started believing their own bullshit more.
      Mar 20
  • Apple thathappen
    I don’t buy individual stocks. I buy index funds.
    Mar 19 1
    • VMware / Eng
      vSell

      VMware Eng

      BIO
      Developer
      vSellmore
      Cool
      Mar 19
  • Facebook 2Blind4U
    I like my money, so no. Only idiots buy during IPO.
    Mar 19 8
    • Life360 vJiv30
      Facebook nose dived right out the gate but rebounded not to long after
      Mar 19
    • Uber SupBrah
      Yup, about a year after and it's never looked back!
      Mar 19
    • Uber / R&D jidao
      He said yo not buy at IPO, and that would have been smart to do that for Facebook as well. I don't see any contradiction here
      Mar 19
    • Uber / R&D jidao
      I'm not suggesting anything, I'm just saying they were right in this case that buying Facebook at IPO was not the best move and yes indeed buying later when it dipped was much better.
      Now in general I agree, there is too much volatility during IPO, it's better to wait that it stabilizes
      Mar 20
    • AIG / Product
      Raging

      AIG Product

      PRE
      Deloitte Digital
      BIO
      Counseling CxOs for AI-first strategy !
      Ragingmore
      After FB IPO in 2012, options became available while stock was still above 30. Stock was hard to borrow.

      I bought a massive stash of deep out of the money puts (~20 strike). About 1000 (yes, 1k) of them. Rest is history. Puts went flying as insider-kids (such as Dustin Moskovitz) started selling when their window lifted in Nov 2012.

      #bigShort

      Used the proceeds to buy decent chunk in FB for it's 'MobileFirst' strategy the following year while fund managers jumped in.
      Mar 21
  • Microsoft LordFarqud
    Here’s a company that’s bleeding money, is not a market leader, and it’s main “disruptor” is that it’s not as evil as Uber used to be.

    I just don’t see a point unless Level 4 automated driving is right around the corner...and it isn’t.
    Mar 19 1
    • New / Eng |l|l||l|l|
      Have you seen Lyfts CEO talk? That guys a douchebag
      Mar 19
  • Yelp / Eng sJJv80
    Nope. IPOs almost always go down within 6 months. If I was gonna buy, I’d wait for a dip during that time period.
    Mar 19 2
    • Uber domin8
      Yelp knows a lot about dips
      Mar 19
    • Salesforce hypeforce
      Don't worry, you will know too.
      Mar 19
  • Uber domin8
    Lyft is raising 2b and losing 1b per year.
    Only US federal government can do that.
    It's trying to go IPO at 10 times revenue. It really works for the companies, which move bits and not atoms.
    Mar 19 2
    • Samsung leWV17
      They'll have more than 5 years of cash post IPO
      Mar 19
    • Uber
      Thumper

      Uber

      PRE
      Google
      Thumpermore
      Assuming 50% growth rate in revenue and loss, they probably need to raise 8b to cover the losses over five years. They aren't raising that much.
      Mar 19
  • Oracle / Design :.:.:
    Lyft is all about being inclusive for white-liberal-approved minority groups and building community through multi-modal transportation (i.e., bikes and scooters less visible and prevalent than Uber’s equivalent) while sort of researching self-driving cars by way of a subsidiary in Las Vegas. What could possibly go wrong?

    Meanwhile, Uber thinks about middle mile and last mile logistics tech and operations, which is a notably growing industry.
    Mar 19 0
  • Uber hallo45
    You should wait a few quarters before buying any ipo stock. In general you should only be buying index funds unless it is your job to buy stocks
    Mar 20 3
    • Pinterest yhmhcep
      Finally smart statement... 👏
      Mar 20
    • Oracle / Design gavinB
      But I so enjoy random stock advice from people who look at what totally different companies did in totally different markets as guidance for pittance investing.
      Mar 20
    • New / Finance Shannara
      You have been banned from /r/wallstreetbets
      Mar 21
  • New / Ops
    tooQ10

    New Ops

    PRE
    Rakuten USA
    tooQ10more
    I work for one of Lyft's biggest shareholders and our stock is already rising in anticipation of the Lyft IPO.
    Mar 19 2
    • Uber domin8
      Sure. Big boys will cash out and move on. The regular folks will be left with pink mustaches.
      Mar 19
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      tooQ10more
      Pink... mustaches?
      Mar 20