Doordash and Airbnb
What are your thoughts on their market caps? I think Doordash is definitely overvalued. Food delivery market has a lot of players. I don’t understand why Doordash is valued at $60B while Grubhub is valued at $6B. Revenue growth is higher but next year when covid goes away, it will be likely another Grubhub. I will buy Doordash stock if its market cap drops to $10B. Airbnb is quite different. I think they will grow more when covid disappears. They don’t have competitors other than hotels. Their current market cap ($90B) is still high though. I think $30-40B might be the fair market cap of Airbnb. Do you want to buy Doordash and Airbnb now? #personalfinance #investments
Dude. Don't expect anything to make sense. Just buy. Buy until you die. Stonks only go up and up and up.
I buy but not these two. There are other much better stocks. I posted this just too see what others think about these two.
^This. Long run. Buy. It doesn't matter brother.
Why bundle the two? Some might want to buy one, but not the other.
I am buying them both! OTM LEAP puts on both the hogs as soon as the options market opens. The slaughter will be epic. I thought that Ponzi schemes like WeWork were rare, but boy was I wrong. DASH will collapse for sure. ABNB may hold longer, but there is no way it can justify its valuation.
All in puts when they're available one year out.
People said no when snowflake ipoed at around $200 that it’s overvalued. Look at where it’s at now—not saying that they will definitely go up, but I am saying that they might not be overvalued as people say here.
Let’s see where SNOW will be on the anniversary of its IPO...
Doordash has lots of logistics and ops cost. Snowflake doesn't. You can't compare the two
Snowflake will go low 200s as well when lockup Peili’s expires
As I mentioned in a few topics Abnb is positioned much better than Doordash. Doordash is a pure bubble. Recent 30% drop is just the beginning
"They dont have competitors other than hotels".......that...hurts.
Hotels usually set higher price.
I was referring to VRBO. Again, it still hurts.