95% of the companies which went public in last 5 years will not give any returns to IPO time investors ever.
95% of the tech companies which went public in the last 5 years have no financial discipline and just burning investor cash. Those who invested at IPO will not get any positive returns ever? Examples Robinhood Coinbase Lyft Uber Airbnb Snap Peloton Sofi Affirm Compass DoorDash Dropbox Coupang Roblox Rivian Nikola And so on Those who are voting false , justify
But honestly, I can’t imagine a world without Uber or Lyft or Airbnb…perhaps these are long term plays and this is the bumpy part…then there are trash like RH, COIN, Snap which I never had faith to begin with
We can’t imagine the world without Twitter too, but their stock returns since Ipo( 9 years) is -2%. TWTR is up 0.30% to $43.99. Check it out on Yahoo Finance https://finance.yahoo.com/quote/TWTR?p=TWTR
I can imagine the world without Twitter
Snap is a fucking menace. At least $HOOD made free trading and fractional trading commonplace. Even if they fail as a company that will be their legacy to retail traders. Tell me one thing that Snap improves on that already didn’t exist? Selfie filters and disappearing messages? Really?
Age? Do you have teen relatives?
27. Even if I was 13-22, doesn’t change shit. Selfie filters, ephemeral messages and heat map of stories. Instagram and TikTok can release these features overnight. Even after that I would question the importance of all of this. TikTok’s brilliance is not short stories (anyone can do stories) but the algorithm and they’ve truly invented something better than YouTube ever could. Snap is barely surviving and it’s because they are pushing ads so much. Once these teens age out can they capture new teens? Even if they did, is that all they’ve to contribute to the industry?
Tech is mostly a scam. Most founders aren’t thinking about building a strong robust business over 50 years. They just want to IPO and GTFO before the company crashes.
Not true for Dropbox - DBX would be 35+ once market recovers
Yay
Dropbox has a nice, low PE ratio but their growth since Jan 2014 is just sad. Dropbox raised at a $10b valuation in Jan 2014 and their current market cap is less than $9b. $9b mkt cap is sad for a company that claims to have over 700m users. Still a very solid tech company to work at though, especially if you like WFH. I will definitely apply to Dropbox next time I am in the job market.
Dropbox Roblox Coupang Is probably profitable And some of the EVs? The rest I definitely wouldn't bet my money on it especially doordash, Uber, Lyft
I think The Trade Desk and ad tech in general that has an affiliation with CTV is another one of the few companies that will give you a return on your money in the next 5 years.
I agree !
But that's true for the market as a whole. A very small percentage of companies are responsible for the market gains. That's why picking individual stocks is hard. Also, never buy at IPO price if you plan to hold. In the vast majority of the cases the IPO price is inflated due to hype.
It’s not that the company isn’t viable, or that it won’t continue. It’s whether they can generate enough money to justify, and grow, their market cap. Lot of these companies, hey, they make money and they’ll be fine. But they’ll never justify the multiple they ipoed at, ever. VCs and founders cash out, ipo buyers get washed, private equity snaps them up and guts them by and by.
All of these will become Groupon except Uber. Uber solved a real problem. They are for the long run. I have high respect for indian Uber called Ola as well. Dropbox will do good too