WeWork – $WE – is a public company now. What happened in the two years between pulling its initial IPO and eventually going public? After the IPO was pulled, Softbank stepped in, and Adam Neumann was pushed out. Originally the reporting was a $1.7B price tag. But, after all was said and done, Adam received~$845M […]
We’ve all heard the bear case on Rent The Runway ($RENT post IPO), but what about the bull case? đ 1: Covid Rebound Value2: Strong Team3: Organic Grower So we understand, what are the most compelling parts of the bear case?– Declining revenue– Tough unit economics with inventory costs (clothes wear and need to be procured)– Weak […]
Key Takeaways: Over $2 billion per quarter is being invested into InsurTechs in private markets The consumer sector has hoovered up ~70% of private market funding but the largest market cap public company today, Duck Creek ($5.7B), is B2B GoHealth sports amongst the highest 2020 revenue ($877M) and revenue growth rates (63%) of the public […]
Key Takeaways⢠Roblox raised capital at a valuation ~35% too low with its series H/direct listing⢠Roblox has had ~80% annualized growth in monthly active users, a one of a kind growth trajectory in gaming⢠The public market has the right idea, valuing Roblox like Shopify at ~40x sales In its Direct Listing week, Roblox […]