IPOSep 12, 2019
CompassLInR08

Worst IPO of a tech unicorn this year. FML 😢

No wonder IPOs are being pulled off the shelf. Anyone working for a non-publically traded tech unicorn wanna brag about their TC? i dont. https://www.google.com/amp/s/amp.cnn.com/cnn/2019/09/12/business/smiledirectclub-ipo-trnd/index.html

SmileDirectClub's IPO: The stock will start trading Thursday
SmileDirectClub's IPO: The stock will start trading Thursday
CNN
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Walmart QTFP86 Sep 12, 2019

Give it a time, If you are believer in non-tech stocks, I think it will do lot better than wework or even lyft/Uber

Uber nw8gd52h Sep 12, 2019

Compass should be fine?? If rescission hits, lots of money waiting to buy which means more transactions

Uber nw8gd52h Sep 12, 2019

When with the drop in price for SDC, it’s valued at over 2x it’s private valuation 11 months ago

Compass LInR08 OP Sep 12, 2019

@uber, Sure but there’s a lock up period for the employees. There’s no telling where it will be in 6 months. Lots of people are already underwater. Speaking of which when does your lockup period expire? Should be soon right?

SmileDirectClub efWx22 Sep 12, 2019

You're telling me... Lol

Compass LInR08 OP Sep 12, 2019

Fuuuuuck. Sorry friend. Hopefully things will move in a better direction

SmileDirectClub efWx22 Sep 12, 2019

Honestly, it'll be ok (I think?). Sucks right now, but we'll bounce back. We always do.