“We have incurred operating losses in the past, expect to incur operating losses in the future, and may never achieve or maintain profitability.” https://www.sec.gov/Archives/edgar/data/1564408/000119312517029199/d270216ds1.htm Ummm. Is this something that's typically said? Doesn't inspire a whole lot of confidence
Yes you are supposed to be very thorough in stating risks to investors
How far is uber ipo?
No idea. Why?
This is pretty normal for S-1. You will also see an enumeration of everything bad that could ever happen.
Working Parents
16h
1212
Closed now - thank you all
Working Parents
Yesterday
1076
What do you think is wrong with a kid who got rejected by 9 colleges?
Cars
Yesterday
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Do you really feel special in your Tesla?
India
Yesterday
1111
Modi is a legend, will be remembered for centuries to come
Tech Industry
Yesterday
3033
Quitting this Slave life
Yes, S1 filings usually have very pessimistic language.
Ah ok, I just checked Fitbit's S-1 and it had similar language.
I hope Snap does better than Fitbit lol