We joined Fox Business, Yahoo Finance, Bloomberg News and the TD Ameritrade Network to discuss our honest views on DoorDash’s IPO. See details in our report. Key points in our interviews:

  • DoorDash has no moat
  • High competition and low switching costs mean no sustainable profits
  • Valuation at $180/share implies DoorDash owns ~120% of its TAM
  • This IPO makes $ for Silicon Valley and PE firms, not public investors.
Watch the First Fox Business Interview


Watch the Second Fox Business Interview


Watch the Yahoo Finance Interview


Watch the Bloomberg Interview


Watch the TDA Network Interview

This article originally published on December 11, 2020.

Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.

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Click here to download a PDF of this report.

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