Misc.Apr 10, 2019

What's the appeal of all these unprofitable IPOs with terrible to no voting rights?

Yeah increasing revenue is nice but what's the point of purchasing shares of a company that is nowhere near profitability, has terrible voting rights alongside future share dilution and no dividends? At least Facebook and Google were profitable before they IPO'ed.

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Jet.com gtfoorgtfo Apr 10, 2019

Amazon wasn’t

Bloomberg Fork() Apr 10, 2019

Yeah, but Amazon was/is breakeven in gross profit.

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Intuit 👋 👋 👋 👋 👋 Apr 10, 2019

They all get eaten by AWS. Nobody pays Docker the company for anything. People use ECR instead. And it makes sense for engineers to make that decision.

Qualcomm dynasty001 Apr 10, 2019

Wait. Dont these open source companies get sizable donations from other foundations ?