Fitness
Yesterday
879
Gain muscle without protein powder
Tech Industry
2d
17291
What happens when most of your team is Indian?
Tech Industry
Yesterday
384
Machine learning, 6 yoe, no PhD, $310k TC. How am I doing?
World Conflicts
15h
1042
Why do Indians support Israel so much( on blind surprisingly) when Israel really thinks ๐ฉof them ?
Tech Industry
9h
1176
I saw a Googler ( Male ) hit a lady multiple times in the cafe, should I report?
https://qz.com/1563655/lyft-ipo-filing-shows-a-history-of-losses-and-no-clear-path-to-profitability/amp/ "We have a history of net losses and we may not be able to achieve or maintain profitability in the future,โ Is there some Truth to it or standard as part of IPO filing ?
Queue the layoffs ๐ฅ
Standard messaging in an S-1 You have to warn investors of every potential situation Iirc, Snap, Box, and maybe even Amazon had the same messaging
Literally every S-1 has this language. This risks section has to be as pessimistic as possible to disclaim liability.
gotcha, then why is it publicized so much in lyft case? never heard any news with any other ipoโs
Because high losses
Standard part of IPO filings for companies that have never or rarely turned a profit. Companies that are consistently profitable will still have a statement about how they may stop being profitable after IPO.
Look at us
Yes we are seeing the stock price
Clickbait website needing to bait clicks to earn their 1 cent per page view from ads. Looks like it works quite well.
Garbage ๐
Honesty !
Standard statements of risk. Google's S-1 stated as a risk that people may stop using the internet.
That verbiage is stock standard and in itself not a concern. What is a bit concerning is losing $911M on $2.2B in revs with market growth overall slowing and unit economics are still crappy. They spent over 800M in marketing to get that 2.2B in revs and adjusted EBITDA margin (cash flow proxy) is improving but still -44%. This is a pretty bad state to be going public in, honestly. They are desperate to IPO, for sure.
I am interested in learning more about the stuff you talk about. Are there any good books?
Investments by Bodie Kane and Marcus. Then maybe Financial Statement Analysis: A Practitioners Guide. Or other books on the topic. Those should be good starters.
Will always be woke