Uber and Lyft are the headlines. But If a company has good fundamentals it will get interest, there are a large number of companies that have prepared for IPOs by getting their financials in order. Matt Kennedy More Quotes by Matt Kennedy More Quotes From Matt Kennedy There was some worry about unicorn IPOs after Lyft( LYFT) disappointed but Zoom and Pinterest show there's an appetite for highly valued startups, it's [ growing ] blazing fast and highly profitable. It wasn't cheap when it priced its IPO, but despite it being given premium valuation it surged further today. Matt Kennedy technology This IPO market didn't help. Matt Kennedy top-news We could see fewer — but bigger IPOs — this year. The unicorns may be more insulated unless the broader market gets even more volatile. Matt Kennedy top-news For years, startups generally followed the same playbook, which was grow as fast as possible at whatever the burn rate, that's what their investors wanted to see. Capital was cheap, so losses didn't matter. Matt Kennedy This is a major sea change, for years, startups generally followed the same playbook, which was grow as fast as possible at whatever the burn rate. That's what their investors wanted to see. Capital was cheap, so losses didn't matter. Matt Kennedy This is extremely unusual, especially now, we saw significant pops during the height of the The Trump SPAC bubble. Nowadays it's rare to see a The Trump SPAC pop more than 10 %. Matt Kennedy This is clearly meme stock territory. It's totally disconnected from fundamentals. There are no known fundamentals, be prepared to lose potentially everything else. Matt Kennedy Be prepared to lose potentially everything else, this is a stock trading purely on momentum. Matt Kennedy
