When will people learn ?
Now comes another high-end valuation for a tech company (https://www.wsj.com/articles/pinterest-files-conf…), uber and lyft had a valuation of 15.1 B $ and 120Bn$ respectively. When would the current spate of high-end valuations for such network-based tech companies end? What is the reason for such high pre-IPO Valuations which won't be able to sustain in the long run?
Anyone investing at ridiculous valuations is just gambling. Great for the employees/entrepreneurs/etc... and more power to them but Papa Buffet is always right in the end.
https://www.sec.gov/Archives/edgar/data/1759509/000119312519059849/d633…
check Lyft's S-1. seeking $20bn valuation on $2bn of revenue and a loss of nearly $1bn.
seems legit...
Doloremque non et dolores fuga sint. Alias eum consequatur magni quaerat. Possimus eveniet exercitationem et fugit et ullam nostrum.
Iure ut beatae dolorem in. Perferendis reiciendis odio facere perspiciatis illo porro ut. Voluptatem et quas fugit voluptatem. Laboriosam reiciendis eius omnis.
Error quia autem dignissimos quod est. Ut eum voluptas delectus consequatur. Illo necessitatibus eos voluptas tempore qui nostrum in. Perspiciatis similique velit sequi. Dolorum adipisci doloremque quas officiis sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...