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DewDiligence

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DewDiligence

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Re: xavierprivas post# 18592

Sunday, 05/05/2019 12:48:55 PM

Sunday, May 05, 2019 12:48:55 PM

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I don't understand the rash of IPOs of companies losing money like Uber, Lyft, Beyond Meat. The worst of all is the filing of WeWork, losing 1.9B on revenue of 1.8B.

For investors (as opposed to traders), these IPOs are a scary sight.

Biotech IPOs now look better.

Biotech IPOs vary greatly in terms of development stage, business plan, and financial strength, so it’s hard to generalize.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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