Best IPO Year Since Dot Com

Tech
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Another IPO (2019 profitable) coming as IPO

Ticker ZM zoom

https://seekingalpha.com/article/4253354-ipo-update-zoom-video-communications-proposes-terms-ipo

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Uber looks to raise about $10 billion in IPO, seeks valuation of up to $100 billion

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:scream:

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Their original target was $120B.

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Lyft is down to $60 now. How low can it go?

Wonder how many suckers will buy Uber IPO. There is no shortage of fools I guess.

I think most of the high profile tech IPOs will fall below IPO price. Too much hype. Bitcoin is doing better than Lyft recently

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$20.
A friend just spent five hours online unsuccessfully trying to get Burning Man tickets. Maybe it should IPO.

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PagerDuty will start trading Thursday morning under the symbol PD. Keep an eye on it tomorrow.

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They don’t sell actual pagers though? :-1:t3:

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Aren’t you a little too young to know about pagers?

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Only seen it in movies. :sweat_smile:

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All IPOs seems to be rushed and hyped. I am not into any IPO games, but sold LYFT put option now.

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All the IPOs are way late. You can find public companies that are growing faster and at least cash flow positive. Now going public is what you do when revenue growth is decelerating.

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PagerDuty pops more than 50% in debut as tech IPO market heats up

PagerDuty was founded in 2009 by three former Amazon developers. In 2016, the company hired industry veteran Jennifer Tejada as its CEO. She owns about 6 percent of the company. The biggest investors are Andreessen Horowitz at 18 percent before the offering, followed by Accel at 12 percent.

Funny the company’s HQ is in SF.

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Only people in 7x7 use pagers :wink:

PagerDuty, whose software helps technical teams quickly spot problems with applications and respond to incidents such as customer complaints, is used by developers at over 11,000 companies, including Slack, Box, Gap and Netflix.

Very confused, how come so similar to other clouds, TEAM? ZEN? Apparently use by cloud businesses only, right? I notice cloud businesses are dealt with a process only rather the entire system?

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Pager business so good company is worth more than 2B.

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41%20PM

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BOOM!!! THE BIG WHALE!

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From Bloomberg news letter:

In light of the news that Uber’s S-1 filing for its IPO may come today, here are a few random IPO thoughts. 1) The ugly performance of Lyft shares since its debut is perhaps a sign that investors still aren’t irrationally exuberant. At least the public markets aren’t. Or at least if they are, it doesn’t hold a candle to the boom in the late 90s. 2) Speaking of the late 90s, the scale of this new IPO class is breathtaking. Alison Griswold, who writes a newsletter on sharing-economy companies, points out Amazon lost $2.8 billion in its first 17 quarters as a public company, whereas Uber lost $4.5 billion just in 2017. Pets.com, she points out, only lost about $150 million total and Webvan, an early online grocery player that was unusual at the time for its high level of physical infrastructure costs, only lost $620 million. 3) You hear a lot about how the paucity of IPOs overall means the public is missing out on the chance to buy young growth companies, but obviously there’s plenty of opportunities to buy speculative companies pre-maturity. 4) And while Lyft has had a rough debut, the big picture is that there are still plenty of opportunities to buy IPOs before the companies get huge. Check out a stock like Wayfair, which is up almost five-fold since its debut in 2014.

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