Zwift CEO Interview…
MP, formerly SPAC FVAC up 18% on a down day?
I’ll take that. I’m up 2 week’s pay.
and PLTR goes for 30…
One gets sick of the back and forth.
So what about AirBNB on Thursday? Will probably go up quickly, then start the long fade down, then slowly coming back up, eventually reaching new heights, like Palantir. I think I enter the game when it’s like half the starting price, around 30 or 25 sth.
What do you think?
My guess it will go something like SNOW…initial offering at 60ish (not for us), initial trades at something quite a bit higher than that and rise for a day or two, then fall back down just a bit in the next couple days. If you like it, maybe try to buy the next couple days fall? Based on what SNOW did, it might be a good strategy.
I did your strategy for SNOW and got in at 225 after setting a limit order ( not expecting it to fall enough to be executed). YOLO I guess. I’m not feeling it this time with Airbnb so I think I’ll sit this one out.
Sounds like it worked out perfectly for you with SNOW, I mean if you still have it… it’s way above 225 now, right?
I learned my lesson with PLTR, grew impatient when it hovered around 9 for a few weeks, now at 30 and the sky’s the limit it seems… ha ha
Happened to me with NET. When it got a bit higher the CEO’s were dumping their stock. Went on for a while… I was patient and sold when there was a big jump up.
But now it keeps going up. Oh well…
Right, its pretty fortuitous on paper at the movement. When I buy something I do it with the intention of holding for some time (at least a year), I believe in the long term prospects of SNOW, so if it starts tanking I’ll still be holding. I don’t have the same confidence with Airbnb long term, just my feeling about the business, nothing technical or even rational. Even with that, any individual buys I make are small long term bets. Most of my investing dollars go to boring ETF like VT.
And there is nothing wrong with that…
STrike while the iron is hot is how I’m seeing it. Watching the news yesterday made me think a lot about ABNB. Guy says this market runup is going to slow growth for ten years, so we’re getting tens years growth NOW. So, I’m in on ABNB and will hold it a while.
SPACs were fun, made more than a few paychecks, mostly in my IRAs, so no capital gains.
Yeah, but if everyone knows that…
I’m an idiot so don’t take any of my “analysis” as serious advice. I have no idea what I’m doing.
How many days do I have to change my mind about Airbnb?
Goes up for grabs Wednesday, NY time.
Is anyone actually considering Doordash at something like a 40 billion plus evaluation? Do they have some secret sauce the other delivery companies don’t?
NOt for me.
Throwing this in here because it discusses a Robinhood IPO next year…but it’s not the focus of the piece…
So how did that go? Experts see this company as very risky, cause of competition and the pandemic going away eventually.
Crazy…85%?
How much money is just being thrown at walls right now.
FFS
Earlier this year, DoorDash was privately valued at about $16 billion. Now, as a publicly traded company, its valuation is around $60 billion, according to CNBC. Though DoorDash isn’t yet profitable, investors say its massive growth shows promise.
From my impression of Taiwan’s market there’s only space for max 2 competitors in a given locality? Am I wrong ?
Nobody needs to make any profits…It’s revenue man…Revenue.
After DoorDash’s initial pop, investors are valuing the company, on a revenue basis, at about twice as high as Uber. DoorDash is trading at just over 16 times revenue, if you project the latest quarter out over a full year, while Uber is trading just under eight times sales
This one as well. 100% gain.
How is the money from the pandemic stimulus going into the IPO market ?
Main Street aren’t getting cheques anymore right ?