The Fundamentals Don’t Matter for This IPO
Despite all the red flags, the rise of passive investing forces too many institutions to unconditionally buy a big IPO like Lyft.
Sam McBride
IPO Research
Sam McBride
Pre-IPO Coverage: Levi Strauss & Co (LEVI)
This report aims to help investors sort through Levi Strauss’ financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Steer Clear of Lyft’s IPO
Growing losses, low barriers to entry, poor corporate governance, and an unrealistically high valuation should diminish Lyft's IPO hype.
Sam McBride
Pre-IPO Coverage: Yeti Holdings (YETI)
This report aims to help investors sort through Yeti’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Pre-IPO Coverage: Livent (LTHM)
This report aims to help investors sort through Livent’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Pre-IPO Coverage: Upwork (UPWK)
This report aims to help investors sort through Upwork’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Pre-IPO Coverage: SurveyMonkey (SVMK)
This report aims to help investors sort through SurveyMonkey’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
IPO Coverage: Eventbrite (EB) Lands in the Danger Zone
This report aims to help investors sort through Eventbrite’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Pre-IPO Coverage: Elanco Animal Health (ELAN)
This report aims to help investors sort through Elanco’s financial filings to understand the fundamentals and valuation of this IPO.
Kyle Guske II
Pre-IPO Coverage: Tilray, Inc. (TLRY)
This report aims to help investors sort through Tilray’s financial filings to understand the fundamentals and valuation of this IPO.
Kyle Guske II
Pre-IPO Coverage: BJ’s Wholesale Club (BJ)
Is this IPO an opportunity for investors to get back in on a great business, or is it an attempt by the private equity owners to cash out and leave the public holding the bag?
Sam McBride
Danger Zone & Pre-IPO Coverage: Domo, Inc. (DOMO)
Despite the recent price drop, Domo still has highly optimistic growth expectations baked into its stock price. Investors should stay away from this IPO.
Sam McBride
Pre-IPO Coverage: Puxin, Ltd. (NEW)
This report aims to help investors sort through Puxin’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Pre-IPO Coverage: Avalara, Inc. (AVLR)
This report aims to help investors sort through Avalara’s financial filings to understand the fundamentals and valuation of this IPO.
Kyle Guske II
Pre-IPO Coverage: GreenSky Inc. (GSKY)
This report aims to help investors sort through GreenSky’s financial filings to understand the fundamentals and valuation of this IPO.
Kyle Guske II
Pre-IPO Coverage: EVO Payments, Inc. (EVOP)
This report aims to help investors sort through EVO Payments’ financial filings to understand the fundamentals and valuation of this IPO.
Kyle Guske II
Pre-IPO Coverage: AXA Equitable Holdings (EQH)
Despite its size, EQH has attracted less attention than similarly sized IPO’s. This report aims to help investors sort through the complex financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
How Much Should Investors Pay for Spotify?
To help investors sort through the confusion, we present three different proposed valuations for Spotify based on three different scenarios of growth and profitability.
Sam McBride
Don’t Buy What “Smart Money” Sells
Is the market hungry enough to justify the expected $7 billion valuation? Or, is this IPO how insiders sell stock and raise capital after the “smart money” (i.e. private equity, hedge funds, etc.) has dried up?
Kyle Guske II
Will Investors Look Past Snap’s Hype?
When SNAP first filed for IPO, there was a lot of hype and the original $25 billion valuation quickly fell to $22.5 billion. Is the market so hungry for another tech IPO that it will overlook the dismal fundamentals and nosebleed valuation of SNAP?
Kyle Guske II