Folks, Is it worth investing in lyft in secondary market at a valuation of $17B ? The stock price is around $54 ? Thanks!
Have you looked at what happened to 2018 IPOs? Sonos, docusign, survey monkey? All down from ipo. 2019 will be as bad if Not worse for unprofitable tech companies trying to IPO.
Wasn't this same question asked just yesterday?
I don’t normally invest, but when I do, I too base my decision on the advice of strangers in an anonymous forum.
I don't think it's worth. There is high probability that they will be trading lower within 6 months of IPO.
Invest in Postmates ;)
Save your money and buy $SPY
You aren’t investing you are speculating.
Aka gambling. But if that’s what you wanna do, then gfi
What is the lock out period ? Can you sel as soon as it iPos? If yes then maybe a 50-50 speculative bet , if no then don’t do it
Why do you think it’s worth 17B? If you can’t answer honestly don’t “invest”
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How do you invest? I would like to invest as well
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