35 Burst results for "IPO"
Bloomberg Radio New York
"ipo" Discussed on Bloomberg Radio New York
"The cover story why faith me has fizzled out. It's been years in the making because that IPO was huge. And everyone was excited about it. I mean, the entire industry suddenly you had the small new startups that were coming up that were getting tons of funding because everyone's opportunity here. You had the big food companies coming out with new products or reinventing old ones. Everyone wanted a piece of this because everyone thought yeah, we can convince meat eaters to sub something else in. But it turns out that that's a really hard sell. And it's going to get even harder if the food doesn't taste quite as good. And it doesn't. According to most people, that you will ask about it. It's also more expensive. And then, yes, environmentally, these things are so much better for the planet, but most people aren't buying for the planet. They do care about their health, but then it turns out these products are not healthy. Some people might say they're marginally healthier. But even that is not settled. So consumers just really started backing away. And we saw sales plummet at the supermarket, restaurants, just everywhere, basically. If it was healthy, I'd be a buy in. I mean, what exactly is in it? I mean, I know there's a lot of sodium, right? Not good. What else? So these are ultra processed foods, which means that the ingredients themselves are processed or they're extracts of other foods. So that means the ingredient list, are they so crazy compared to other things in the supermarket, they're not. There's a ton of processed
Bloomberg Radio New York
"ipo" Discussed on Bloomberg Radio New York
"The cover story why faith me has fizzled out. It's been years in the making because that IPO was huge and everyone was excited about it. I mean, the entire industry suddenly you had the small new startups that were coming up that were getting tons of funding because everyone's opportunity here. You had the big food companies coming out with new products or reinventing old ones. Everyone wanted a piece of this because everyone thought yeah, we can convince meat eaters to sub something else in. But it turns out that that's a really hard sell. And it's going to get even harder if the food doesn't taste quite as good. And it doesn't. According to most people, that you will ask about it. It's also more expensive. And then, yes, environmentally, these things are so much better for the planet, but most people aren't buying for the planet. They do care about their health, but then it turns out these products are not healthy. Now, some people might say they're marginally healthier. But even that is not settled. So consumers just really started backing away. And we saw sales plummet at the supermarket, restaurants, just everywhere, basically. If it was healthy, I'd be a buy in. I mean, what exactly is in it? I mean, I know there's a lot of sodium, right? Not good. What else? So these are ultra processed foods, which means that the ingredients themselves are processed or they're extracts of other foods. So that means the ingredient list, are they so crazy compared to other things in the supermarket, they're not. There's a ton
Bloomberg Radio New York
"ipo" Discussed on Bloomberg Radio New York
"The cover story, why faith me has fizzled out. It's been years in the making because that IPO was huge. And everyone was excited about it. I mean, the entire industry suddenly you had the small new startups that were coming up that were getting tons of funding because everyone's opportunity here. You had the big food companies coming out with new products or reinventing old ones. Everyone wanted a piece of this because everyone thought yeah, we can convince meat eaters to sub something else in. But it turns out that that's a really hard sell. And it's going to get even harder if the food doesn't taste quite as good. And it doesn't. According to most people, that you will ask about it. It's also more expensive. And then, yes, environmentally, these things are so much better for the planet, but most people aren't buying for the planet. They do care about their health, but then it turns out these products are not healthy. Now, some people might say they're marginally healthier, but even that is not settled. So consumers just really started backing away. And we saw sales plummet at the supermarket, restaurants, just everywhere, basically. If it was healthy, I'd be a buy in. I mean, what exactly is in it? I mean, I know there's a lot of sodium, right? Not good. What else? So these are ultra processed foods, which means that the ingredients themselves are processed or they're extracts of other foods. So that means the ingredient list are they so crazy compared to other things in the supermarket, they're not. There's a ton
Bloomberg Radio New York
"ipo" Discussed on Bloomberg Radio New York
"The cover story, why faith me has fizzled out. It's been years in the making because that IPO was huge and everyone was excited about it. I mean, the entire industry suddenly you had the small new startups that were coming up that were getting tons of funding because everyone's opportunity here. You had the big food companies coming out with new products or reinventing old ones. Everyone wanted a piece of this because everyone thought yeah, we can convince meat eaters to sub something else in. But it turns out that that's a really hard sell. And it's going to get even harder if the food doesn't taste quite as good. And it doesn't. According to most people, that you will ask about it. It's also more expensive. And then, yes, environmentally, these things are so much better for the planet, but most people aren't buying for the planet. They do care about their health, but then it turns out these products are not healthy. Now, some people might say they're marginally healthier. But even that is not settled. So consumers just really started backing away. And we saw sales plummet at the supermarket, restaurants, just everywhere, basically. If it was healthy, I'd be a buy in. I mean, what exactly is in it? I mean, I know there's a lot of sodium, right? Not good. What else? So these are ultra processed foods, which means that the ingredients themselves are processed or they're extracts of other foods. So that means the ingredient list, are they so crazy compared to other things in the supermarket, they're not. There's a ton of processed
Finance Magnates
ESG Bonds on Euronext Hit AllTime 1trn in 2022
"5 p.m. Friday December 30th, 2022. ESG bonds on euronext hit all time 1 trillion in 2022. LTP class guide MSO normal text to justify what the value of money raised from the issuance of environment, social and governance ESG factors based bonds in Euron X markets hit an all time high of 1 trillion in 2022 with over 310 new ESG bonds listed in the outgoing year. Overall, the pan European exchange recorded over 7800 new bond listings on its markets in 2022 LTP GTL TP class quad MSO normal text link just to watch your own next in dares cops euronext dot com and about meteor own express releaser on X conference its position lead in jeopardy listing venue aquatic statement tagged, released on Thursday, further noted, that it saw 83 new equity listings in its markets in the year. These listings accounted for a capital raise of 3.8 billion in aggregated market capitalization of 23 billion at listing. LTP GTL TP class would MSO normal text link just to watch your own next tech equities in 2022 LTP GTL TP class quad MSO normal quad according to a company statement, half of the new equity listings it registered this year were on behalf of technology companies. This is even as the market infrastructure provider launched the Euro next tech leaders segment in June. LTP GT LTP class would MSO normal coat the segment, which the company said caters to high growth and leading tech firms attracted four new issuers, bringing the total number of issuers in that category to over 110. These issuers who are active in both private and public coifs dot finance magnates dot com to equity quat target clockwise will quote follow caught equity markets attacked, boast of an aggregated market cap of 0.8 trillion as of December 29th, 2022. The pan European exchange said LTP GTL tp GT check out this recent finance magnates London summit 2022 session on what is shaping retail and institutional trading dot LTP GTL TP class guide MSO normal text link just to watch your own next Europe's premiere equity venule. Class Guatemala so normal coat in the statement, the company said it confirmed its position as the leading equity listing venue in Europe and global debt listing venue in 2022 dot LTP GTL TP class what MSO normal quadrant next remains the European equity listing venue of reference. Being home to nearly 400 large capitalization issuers and 1500 SME issuers and continues to attract leading companies across all industries and geographies in 2022. The exchange said LTP GTL TP class what MSO normal quad according to. Euro next, large cap firms continued their patronage of the wide range of listing options available on its markets. While some chose the traditional initial public offering route, others became listed by becoming independent of their parent companies. Yet, others opted for special purpose acquisition company deals, euronext added LTP GTL TP class guitar normal text link just to watch in the first category. For instance, VR energy, which zero next described as the most valuable oil exploration production company to conduct an IPO globally in the past ten years, raised 7 74 M and its market cap stood at 6.9 billion at listing LTP GT. This article was written by Solomon Oladipo at WWW dot finance magnates dot com.
CoinDesk Podcast Network
Stablecoin Issuer Circle Scratches Plan to Go Public
"So news came out this morning from USD C stablecoin issuer circle. They were calling off their plans to go public through a special purpose acquisition company that would evaluate them at about 8 billion up to 9 billion depending on when they were announcing they're going to they're going to wait on that. They're not going to do that. That's been canceled. And that's what was announced this morning. Some interesting nuggets in their announcements, a nice thread from CEO Jeremy allaire, among other things. But them going public at least through this back is currently on hold. We'll talk about potentially why, right now. Jen, what are your thoughts? Yeah, I think it would have been optimistic to think that circle would have been able to get to this IPO by the end of the year. Just given the scrutiny that's on stablecoins and the industry because of the events of the last few months, I know in the announcement they said that it was just a lot to get through with the SEC as the SEC kind of becomes a little bit stricter with the application process. So I am not surprised that this IPO is paused and I'm not surprised that the hoops that they need to jump through with the SEC are maybe a little bit tighter than they thought. That said, I agree with Jeremy Laird's Twitter thread. I thought that it was great. He said that stablecoins will play huge part in offering utility value. It made me think back to when we spoke about the World Economic Forum that happened a few months ago, stablecoins were really a big topic of conversation there, especially when it came to remittances. So I don't think this is bad for stablecoins. I'm not surprised. I think stablecoins will continue to push the crypto narrative forward when it comes to mainstream adoption. And so I read this and I thought, okay, not surprised, but here we are.
MedTech Talk Podcast
"ipo" Discussed on MedTech Talk Podcast
"You decide what is your asset, every one of these assets, companies have a profile that at the CEO speaks truth to it. We'll find the right investors and I think you can look at technology med tech, consumer, EVs, rocket ships, to speak truth to what you think the business is really capable of. And I think you'll find the right investors because as investors for every type of asset out there. How did you, you were when you were running intact, you're running a commercial company, I'm sure you guys were thinking about the different paths that lay in front of you. You could stay private. You probably were in a position where you could have gone public, but did you manage that decision making process? Right. Well, the first point I would make is that as CEO, you really need to be preparing for all eventualities and maybe we'll come back to that because it's a little bit tangential. But I think in terms of making the decision, I think first of all, it's important to understand that if you have more than one investor in your company and in particular, if they've been in for different periods of time and have different amounts of capital at work, they are not likely to see exits in the same way. And we certainly had that situation at intact. We had some investors that had been in for 8 years. And we had another investor that had been in for probably less than a year. So they view near term M and a and long-term IPO opportunities very, very differently. And as CEO, you really have to manage that process. And I completely agree with Clint that it is the CEO's job to lead the way for what is best for all shareholders, preferred and common alike. That is your one of your critical roles. And I think you have to go at it very pragmatically. You have to have a very clear eyed view, for example, on how much money you're going to have to raise privately to get to an IPO down the road. How much money are you going to raise in that IPO? And then you got to do the math on what returns look like to investors. Post that IPO or post whatever near term liquidity event acquisition, you may be contemplating. And it intact, we did that math. And we concluded that it was in everybody's best interest to do the near term acquisition and sell the company to fill ups. And I think really, ultimately, the analysis that we did on returns is what ruled the day. Unless they how did you see it, you had a more consolidated investor base, I think, an outset, right? How did you view this decision making process? Everybody on board then just go public and make this as big as it could be. We were thinking about. Just.
Mark Levin
Rep. Nancy Pelosi's Hypocritical Stance on Insider Trading
"And here's her answer go ahead No I don't know to this second one We have a responsibility to report in the stock on the staff but I don't I'm not familiar with that 5 month review but people aren't reporting They should be Because this is a free market and people we have free market economy They should be able to participate Pay market economy That's why ladies and gentlemen go ahead Meanwhile how soon we forget it was 2012 wasn't it mister Medusa How soon we forget this with 60 minutes Go And former House speaker Nancy Pelosi and her husband have participated in at least 8 IPOs One of those came in 2008 from Visa just as a troublesome piece of legislation that would have hurt credit card companies began making its way through the house Undisturbed by a potential conflict of interest the Pelosi is purchased 5000 shares of Visa at the initial price of $44 Two days later it was trading at 64 The credit card legislation never made it to the floor of the
Fear And Greed
"ipo" Discussed on Fear And Greed
"Welcomes the fear and greed daily interview. I'm sean alma. The pace of deal in recent months has been quite extraordinary. It seems every way every guy in fact we're talking about another merger or take the beat. Then consider the number of ipo so far this year more than one hundred twenty companies have debuted on the six already in twenty twenty one. And we're on a taiba probably ipo activity. She has already exceeded. Last year's title duncan hog is the as jagna of 'em and i am like this morning and welcome back to fearing great. Thank you sean. Thanks for having me. What's going on. Why are they so many. Ipo's out there. What is much an i. Yeah it's it's really one of complete to the my confidence. I mean we obviously head to eighteen months of coverage and people's concerns around what cover my main and now people are looking at in in the back. Mira and i think you've about what's next and in doing so what covered is also done is. It's loud really cheap. Cost capital to coming to the market and that enable people to essentially put the money out into the market entry mnay because ultimately leaving the bank gonna get a return. I get that but the thing. I sometimes one about particularly is that they are going to the market mostly to raise money to fund growth. Very very broadly speaking. There's also really cheap funds to do it. Otherwise banked it for example yet another is cheaper moisture through bank debt but in the end ultimately you have to have a level of equity sitting within the company and the rpo is really sort of seen as not just a growth opportunity but also an opportunity for founders or private equity plas- really release some capital through the equity markets. So in that way they can. They can see opportunity their way. This high valuations and they they want to pursue it okay. So where are we seeing much of the activity. That's talk that first and then we might go onto yes. It's the most victims. Actually nothing your listeners. Would we expect. This is actually in the.
The Chip Race
International Poker Open Will Return to Dublin Come What May
"Just six weeks time. He will be bringing live poker back to our land. He is nick o'hara nick. Welcome the creator of times for having me along. Always phones josh. It's great to have nick. Let you start right there the it. Oh this is great news of the week. The international poker open is happening and it will be the first life fokker in ireland. Wanna say like twenty months or like eighty ninety definitely in that region for the fourth time the vet will be sponsored by unique poker. The festival is one of europe's longest running and most popular events. It's been held annually since two thousand and seven including an online version. Played on you bet last year. This year's live event will take place at dublin's burlington hotel as it has been for many years. We'll be on from october. Twenty fifth. Nick this is very much your baby these days. Tell us more. Yeah i mean. It's phony mentioned lockdown. The last major live events in ireland was to uni beto In february of twenty nine dame so we were last two now. It looks like prefer stand and on the twenty second of october government or to to move all remaining restrictions which lay the patch for live events to recommence has to wear before. Knock down so. I mean we're very excited about our and the government announced yesterday ten days ago so there's been a lot of our background over the last five days or so to gather websites updated schedule updated contacting staff finalizing details at the venue and and we finally yesterday morning. At eleven o'clock we announced the ipo online which was spread and we had a huge response on social media and the hotel Announced about eleven o'clock in the morning on the hotel called What's happened forgotten destroyed hair before imposing is bought does not mean is said what we sold about a hundred bedrooms in the last hour wowed. That's an incredible
Behind the Numbers: eMarketer Podcast
"ipo" Discussed on Behind the Numbers: eMarketer Podcast
"Because they've been much more digital dc and they haven't really rolled out into brick and mortar yet whereas worby pre pandemic two thirds of their is already coming from physical locations. This is what brands have to do to grow to hit scale. They've got to extend their product line. So where is the pretty exclusively eyewear and as you mentioned. They can move into contacts. But where do they go from there. As a brand all birds has already extended their shoe lying pretty significantly now have to go into other types of apparel and that's where my question marks come in is how will they do that. Their brand is known for comfort. In shoes they have a certain sort of look. Can they replicate some of those same dimensions to extend the brand into other areas. I don't know. But i don't see a lot in this business right. I say this is a rocket ship to. I think it is a digital native that is evolving into a traditional brand. Yeah i wouldn't mind. Seeing coffee shops in will be. August does is just me if we can get that sorted. Don't for me. i'd really appreciate it all. Birds putting sustainability at the hall of that apparently promising to continually reports on its land chemical and energy. Use trying to be a little bit different there. Tis the season of. Ipo's knows melissa repco cnbc. Just as honest company filed for an ipo medical scrubs maker figs recently went public and salad chain sweeping followed confidentially for ni- time for thank you andrew. Hanging out fake sparks. Thanks victory and thanks to everyone. Listening in was he goes tomorrow for the behind. The daily name octopus made possible by metex..
The Pomp Podcast
Understanding Bitcoin and Blockchains With Nic Carter
"Bitcoin right. Now is very interesting. Place you i was telling my brothers. Were like the voice of reason throughout all of the es g mining china ban of mining premium. Anytime that somebody in the mainstream media said something stupid it was like i gotta go right another rebuttal and you're just cranking them out. How do you evaluate where we are right. Now with mining specifically honestly. I think we're in an extremely good place okay. As far as money is concerned a lot of people were upset with. Musk myself included for what he had to say about. Bitcoin mining but for better for worse his comments catalyzed reaction among the mining community specifically in bitcoin. And we've seen this enormous reaction to create nonprofits associations just groups of individuals that are engaging in disclosure regarding what kind of energy they're using. We've also seen the shock. Which was the chinese hash rate migration. We couldn't plan for that. But that just so happen to have enormously positive effects for the mining space and i think the in the space of year bitcoin mining industry has gone from this completely opaque sort of unaccountable largely chinese industry mind with significant amounts of coal to almost a you know a strongly north american american industry. I mean not not exclusively but by the end of the. I wouldn't be surprised to see fifty percent hash rate in the us or canada. That wouldn't shock me at all right now. It's probably forty percent and hash. Rate is much more transparent about its operations not only that these miners increasingly publicly traded. We're seeing new listings all the time. We're seeing spikes. Ipo's all the time for these miners. The has made it clear they consider yes g. to be an important part of us capital markets again for better for worse the miners responding to that. And they're seeking out these renewable sources of
CNBC's Fast Money
Robinhood Goes Meta, Becomes the Ultimate Meme Stock
"Robinhood taking investors on a joyride the stock surging as much as eighty one percent for triggering several trading halts early in the session. Robin had closing out the day with a gain of just fifty percent. It's now up. Eighty five percent since going public on thursday. So what's driving. The wild action shares. A robin hood. Let's kick things off with kate. Rooney's got the story kate. Tamerlane's yeah quite a turnaround for robin hood. The stock touched eighty five dollars earlier. That is well above where it last week robin hood. Stunk ended the day around. Seventy dollars per share was the second. Most traded name on the nasdaq. Today only behind. Amd and it was halted a few times for volatility today as far as trading volume it surpassed its ipo day with more than eight billion dollars worth of shares changing hands. The stock is still seen pretty thin trading so that thanks to some of those lock-up periods for certain investors mean fewer shares are available to trade. I'm told that brought a lot. More volatility today retail interest is another big factor. It is the most mentioned stock on read it. At least it was today. According to data from think with more mentions than both game stop and amc and momentum train is well. That is a factor. There's likely hedge funds looking to jump in on some of this action. Short interest though does not appear to be a factor at tends to be pretty expensive too short stock like robin hood so soon after nine peo- that is thanks to the lack of shares out there to borrow. I talked to s. three partners about this earlier. They say there is some short interest but it was really the long side. Driving robin hoods prices today.
Equity
"ipo" Discussed on Equity
"It's very different. Growth rate obviously and very different story behind them and overall When we look at sort of both the power school and instructor. Ipo's i think it suggests that there is an appetite from public markets. And we're seeing this more consistently now at least on our side. That folks are excited about some of these enterprise. Be to be education solutions. That historically may not have been the most well received because the education system just been reluctant to change. And now there's just such an appetite for for innovation you throw in an extra two hundred billion dollars to the three stimulus packages that were approved that specifically earmarked for for our schools. There's a lot of money out there. That's going to be pumped in innovation. So there's some exciting stuff happening. I mean these companies go. Public is very encouraging for for companies like paper but for everybody in education. You know just. The whole system is transformed. So philip i was really fascinated to see that you guys put together a one hundred million dollars series. See i think that would have been a series c fund back in nineteen ninety-seven when power school is getting off the ground. How times have changed. But i'm very curious why you put so much capital into the company's books and kind of like whoa what's the thing you're trying to accelerate to reach right now as a business so we're growing quickly and i don't think this is so different from a lot of the other transformational education businesses and honestly transformational businesses. In general. we created this whole new category. What we call educational support systems. What we're best known for. Our high dosage tutoring right so students are able to get support. Twenty four seven. Click button any topic that they need. And it's all provided through their school district so the school actually is the is the customer endure providing this service in equitable way so every student is able to get support that they need the capital that we raised is really to help us. Continue the growth that we're seeing you know we've only really been in market for about three years and in that short period of time we've seen very rapid adoption and just the credibility in terms of what we're doing in the market has been very very well received by school district so overall were excited. We look at these companies like power school like instructor. Now they're not that far ahead of where we are where we want to be in the next year or two so it's exciting times for us than the cobbler we've brought in gets us closer to those milestones that we want to reach the next twelve to twenty four months. Thank you so much for your comments and thank you everyone my takeaways from our conversation to give a little wrap up. I feel like at text. Bench benchmark is changing. It's no longer just compared to the single at tech company on the public markets but it's compared to the likes of spotify and net flicks and that is all exciting. That's built mentioned. There are multiple ways to build an ed tech business so power. School may not be valued like duo lingo but it is a sign of how kind of business can exit and that can exit in the first place and that early stage tech soul exciting fun and aspirational it. All makes me really excited. Thank you everyone. For joining alex for being a great co host and taylor philip a nada and uefa so much for sharing your perspectives. This will be on the podcast fees viewed on monday so go subscribe to equity wherever you wasn't a podcast and follow us on twitter because you just should..
Equity
"ipo" Discussed on Equity
"Household name as to go over the past year a lot of texts unicorns have been consumer i companies which is actually a contrast to what the public markets look like the public markets are full of these enterprise i at tech companies like chug like to you etc etc and so having these two. Ipo's consumer one enterprise go back to back. Actually give us like the closest will ever see to what the public market things today when it has an option between two. And i'm oversimplifying it. But stay with me. Power school going out as an enterprise company to me was actually not as scary as lingo because it had historical examples to look at so it wasn't like teaching public investors how to value an enterprise at tech company. That said it did price at the lower end of its share. I believe it had a range of eighteen to twenty and at market close eighteen point four so we saw a very flat reception towards the company. Which i don't think is a loss. I think tech company going public in general was as much of a reality two years ago as it is today but that's kind of where power school is at this moment. Alex how are you looking at them. So looking at the numbers of power school. Because i did find this to be a very interesting. Ipo we're looking at essentially one hundred and forty two million in revenue in the most recent quarter. That's the june period down ever so slightly from q one which caught my eye but certainly up about forty percent compared to the year ago q. Two so reasonable amounts of growth. It's a company that is not burning a lot of cash as relatively modest net losses and so the business with mostly subscription revenue on an enterprise basis. Kind of at scale. Okay so what the hell does that mean. Well doing some quick math. It's worth about three point five billion at its eighteen dollars per share up your price and we did see some estimates. That could be worth as much as six billion. So certainly a number wasn't maybe where they'd hoped but still it's a multibillion dollar ed tech exit on the public markets hard to be to route about it and then doing some quick math about all of this. The multiple is not super impressive. So just doing some quick math. Accompanies roughly valued at six x. It's cute to run rate which is far below. What we've seen from duo lingo. I think however that instead of seeing a pure differential between enterprise attack and consumer facing tech. We're seeing a fast growing company. Get a bigger multiple and a slower company in a smaller multiple. And that's that's that's how it should be. That makes sense to me so she makes sense. It's just not as juicy as i was hoping to get to in the numbers there but this seems to be price fairly if modestly conservatively. And so maybe what we're seeing here is power school not be as big of a brand. Maybe couldn't get as much interested in shares duo lingo enormous brand. Everyone's heard about the dumb owl hoots at you. If you don't conjugate your spanish verbs maybe a bit more interest from the broader muslim community. Well said i think with power school. I actually had done a little bit of an interview with their. Ceo are deep gaudy before. And when i did ask about the listing and how he's feeling i did note that.
The Tech Guy
China Cracks Down on Big Tech
"It was really interesting Here in the united states there's a lot of scrutiny over big tech the power that companies like google and facebook and amazon microsoft apple and twitter amassed You know i have a problem with it but You know you certainly. They certainly are powerful. He certainly are and You know maybe that's an issue the european union Thinks it's an issue so they're working on a lot a lot of different london for folks. what's interesting is of course the democracies it's a long drawn out process. Ftc investigates congress. Legislates there's a debate back and forth and nothing happens for a long time if ever that kind of thing. Meanwhile in china where the chinese communist party rules with an iron fist We don't have any of that debate discussion and they are cracking down on big tech and in some ways crack down a big tech in the ways that says some of our members of government would like to crackdown here. It's kind of interesting. It started Last year when The the company ant financial run by jack ma the founder of alibaba the amazon china cited do an initial public offering in the us in the us stock markets. China didn't like that. They cracked down the shutdown they Jack ma was a little Critical of the chinese regime saying you know they don't really allow us to be as capitalistic as we need to be the shut him down He disappeared for a while. reemerged But i don't think he's a china's richest man anymore and i don't think that and financial really is an you know they certainly didn't do their. Ipo now. They're cracking down on the uber of china. Dd actually cracking down on a lot of stuff. Ten cent why boko
The Peter Schiff Show Podcast
"ipo" Discussed on The Peter Schiff Show Podcast
"The ipo was thirty eight. That's about a twelve and a half percent decline in the price of the stock. The day following the ipo and that ranks it as one of the worst. Ipo's ever in fact on its opening day. It may in fact have been the worst ipo ever for a major ipo so complete disaster breaking that syndicate bid. I mean normally the investment banks do everything they can to try to at least hold the ipo price and they're in they're buying but obviously they couldn't do it. They were overwhelmed by the number of people trying to immediately get out of that stock. And i'm wondering how many of the people that have robin hood accounts actually sold because to the extent that they want to get. Ipo's in the future. They are penalized. If they don't hold on. I think for at least thirty days. And if they don't hold on. I think maybe they they can't get another ipo for maybe another ninety days or something like that. So a lot of the robin hood people you know they may be there robin hood shares. And it's probably some of the bigger players that have rushed for the exits because they didn't get an immediate pop. See normally the guys in the. Ipo's they want that pop right. They want to buy it and they want it. Immediately to close twenty percent thirty percent fifty percent one hundred percent above what they paid but if they don't get that if they don't get a bounce well they just want to cut and run because if stock stock go up well. It's got a long way to go down because who knows what the real value of this company is. People were only buying it because they expected a pop. They didn't get one now. they want out. What's it actually worth based on its capacity to earn money or maybe pay a dividend. I think it's worth a fraction of its current prize and we might see that in the days ahead as this stock ultimately tries to find some type of bottom at some reasonable price and finally when it comes to stock so i want talk a little bit about micro strategy. They reported earnings last week. I don't think anybody really cares. What mike or strategy earns as a software company because the only thing that really matters to micro strategy is the price of bitcoin..
The Peter Schiff Show Podcast
"ipo" Discussed on The Peter Schiff Show Podcast
"That have the most to lose and speaking of stocks. That have a lot to lose. I want to talk about the ipo of robinhood. This was one of the more highly anticipated. Ipo's after all this really encapsulates the entire you mean stock investing theme where the public is just buying everything no regard the fundamentals pure gambling in fact a lot of people have taken their stimulus money and deposited directly to their robinhood accounts. And of course robin hood was at ground zero for the game. Stop short squeeze in fact. A lot of people were upset at robin hood when they halted the ability of people to buy a game stop or the leverage up to buy game. Stop so there was a lot of people focusing on this. Ipo they supposedly have democratized. Investing course robin hood is not about investing at all. It's about speculating. It's about gambling if anything that's all they've democratized and they're not helping the little people rob the rich right. That's the whole name of robinhood is where you're taking from the rich and you're giving from the poor will what robin hood actually does is. It helps the rich take from the poor because the people who are losing the customers or the people who have accounts at robin hood because they're not actually the customers. Those people are the product. The customers are few hedge funds that are buying all the order flow. So they can trade. Against all the robin hoods right so all the mary men who have got account robinhood are losing a bunch of money and the people who are making. The money are the rich sheriffs who own these hedge funds. The reason they're buying all these orders is because they're making a lot of money off them because the people that have robinhood
The Peter Schiff Show Podcast
Robinhood Sold IPO Shares to Over 300,000 of Its Customers
"That have the most to lose and speaking of stocks. That have a lot to lose. I want to talk about the ipo of robinhood. This was one of the more highly anticipated. Ipo's after all this really encapsulates the entire you mean stock investing theme where the public is just buying everything no regard the fundamentals pure gambling in fact a lot of people have taken their stimulus money and deposited directly to their robinhood accounts. And of course robin hood was at ground zero for the game. Stop short squeeze in fact. A lot of people were upset at robin hood when they halted the ability of people to buy a game stop or the leverage up to buy game. Stop so there was a lot of people focusing on this. Ipo they supposedly have democratized. Investing course robin hood is not about investing at all. It's about speculating. It's about gambling if anything that's all they've democratized and they're not helping the little people rob the rich right. That's the whole name of robinhood is where you're taking from the rich and you're giving from the poor will what robin hood actually does is. It helps the rich take from the poor because the people who are losing the customers or the people who have accounts at robin hood because they're not actually the customers. Those people are the product. The customers are few hedge funds that are buying all the order flow. So they can trade. Against all the robin hoods right so all the mary men who have got account robinhood are losing a bunch of money and the people who are making. The money are the rich sheriffs who own these hedge funds. The reason they're buying all these orders is because they're making a lot of money off them because the people that have robinhood
This Week in Startups
"ipo" Discussed on This Week in Startups
"He's been around the block any now lives In the northeast still in providence. or wherever. yeah yeah still in providence. But when you start looking at my resume and going bla-bla-bla thirty second birthday land a little harder than it did last week. So thank you for making me feel ancient. You're not agent. I mean you still got still got some energy How's your energy level now in year. Two of this damn pandemic. You know. I'm actually doing okay. We've adapted to having the third dog who's actually racing around my office. Now yeah but dogs wake up at like five. And so i've been waking five in so i've i've learned how to just be kind of chronically exhausted jason i you know what it's interesting you say that we got up pandemic dog we got another bulldog a fifteen year old bulldog fondue and then we have a new one maximus as gladiator max. And he's like nine months old now. And yeah max. Loves at five thirty in the morning to walk in a circle and do the peop- dance. Which is if you don't wake up. I'm gonna pay and you know that is a great motivation to jump out of bed in tara that you're about to be peed on my life now i. I'm just very lucky. My my wife is studying for her boards right now so she has to wake up really early and studied before work so that means usually pass off the the three dogs to her. But it didn't work this morning so at five am there. I was picking up dog crap in the backyard. Just a really great way to spend the morning against it used to be so nice to go to an office and be an adult and live in a society. It was a really interesting society. You remember society. Or i remember a lot of public transit. In san francisco waiting buses that were full when it was raining standing on the sidewalk and then drinking bad coffee in an office and everyone had a cold so like i dismiss your romanticism that i love working from home which i know. Get to in a little bit. But it's interesting when you think about it like. Was there anything that you enjoyed about going to the office. Oh i love. I love working less. It was great because at the office. There's so much stuff that looks like work. Oh so true. Yeah right like a meeting for a walk and talk. You're getting lunch with your colleagues team building all that stuff. Now just ninety minute lunch with the fifteen minute walk on either end you get two point two five hours out of the seven and a half hour a day fantastic. I've never worked for google. That's not how my life was holy on the roof by listen. It is crazy newsweek. Where to begin a. There's so much that was interesting this week. I want to ask you know what to you was the most interesting part of the week. Not the most important but most interesting to you alex. The discrepancy in how duo lingo traded versus. How robin hood traded. Because if you had said the fintech company will perform less well than the ed tech company. I would have been like every. Vc has lied to me. If that's going to be true and yet here we are techs. Looking great in fintech took kind of a hit. So i'm still digesting this kind of like post unicorn. Ipo liquidity. it's it's strange to me. Yeah and so. Obviously i'm interested. Party was angel investor in Robinhood ray are trading today. Thank you Thirty six dollars and eleven cents. They went out at thirty dollars a think they hit forty at one. Point a yeah. I'm looking at right now. Forty point twenty. Five is the fifty two week but some amounted. This is i think due to the fact that they gave a third of the shares or something like that to their actual rabid user base in their direct. Ipo product eating that had some sort of impact here or the summer. Everything's going on here. I think there's a lot of things that went into this. But that's the most interesting because when robin hood announced they were going to open up access for their users. people were stoked. Oh my gosh. We finally get to have kind of similar foot into these large large investing groups. But suddenly if you take away a big chunk of an early retail demand he really change up the supply demand curve and i think frankly traders on from robin hood probably were pretty active in treating. Ipo's in general. So if they have shares at the ipo price it'd probably reduces the frenzy around first trades and makes maybe harder to have an expensive pop. Now jason girl. He's gonna love this. You know because all of a sudden doesn't seem to whine about on twitter but robin hood probably expected to a little bit more after price at the bottom end of its ranch. It does seem to be a big disjointed. Be a big disconnect between what the press is reporting and what we as the investment community and we have both represented here and sir. I represent both having been a journalist. There's this big gap between. Oh my god the ipo pop and that being the definition of success and then we all experience as investors. Which is i invested in the company. Like i think thirty million dollars so thirty million to thirty billion. Don't take a genius to do the math. A little bit of dilution. You know this is a five hundred or whatever pretty great return even with dilution Exciting continue investing in my pro rata. 'cause i didn't do that back then. another two houses. Exactly that's a. That's a costly bit of financial conservative. You it's one of the things about investing is. You can learn from your mistakes when i started. I was putting twenty five fifty k. Checks to companies like this and then just walk in ten years now We just did. We had two companies in our portfolio that raising three hundred and six hundred million. We own ten percent of the company. they're raising thirty million. So are harada is ten percent. You know ballpark of that. Thirty million shore and we actually filled with our syndicate and our lp's with s pvc special purpose vehicles. Those three million dollar bets to keep our ten percent ownership in companies that were worth three hundred and six hundred five to ten percent. Ownerships are actually maintaining ownership at those big numbers. Now it's over that pays off. But what do you think that disconnect is about where you know on. Cnbc they're saying. Oh my god didn't pop and aren't we supposed to price these things so they don't complicate what is it that it does pop. Yeah so i talked to a lot of. Ceo's on ipo days. so i've done just over the years. Dozens of these calls with people that are literally sitting there in the room. Watching their stock began to trade. And i manage to kind of learn around the edges. How they think about pops every ceo taking the company public wants to see ten to fifteen percent gains in the first day. It makes them look really good. It gives their employees prior proud about all the investors.
The Journal.
"ipo" Discussed on The Journal.
"Our colleague. Peter ruediger covers robin hood and he says the apps users aren't your typical wall street. Investors robin hood is specifically for people that have never really been investors so think of young people people that make less money than your typical fidelity or schwab clients. Who just thought. The stock market was boring. So robin hood kind of brought some features of mobile apps and games to investing to make it easier and less threatening for people to open an accounts over the last year. Robin hood simple. Easy to use platform has drawn tons of new users. As of the end of june it had about twenty two and a half million funded accounts but the apps. Popularity has drawn some scrutiny. From critics they say robin hood has gamified trading and that the app encourages investors to take risks. Robinhood counters that it's democratizing investing making it cheaper and easier for more people to get into the stock market and now the company wants to do the same thing for. Ipo's ipo's are a big moment on wall. Street is when a company gets ready to list on a public market and sell shares to investors and peter says companies that are p owing generally like to sell their stock to a certain kind of investor funds the combine up tons of shares like pension funds or large money managers. The idea. is you devote most of your time to big investors. Just because they have the most money so it's kind of more efficient way to shop. And at the end of the day whatever's leftover after that usually got distributed to retail investors individuals kind of as an afterthought typically individual investors might only end up holding ten percent or less of a company's ipo shares. the great majority of shares over ninety percent of them go to those big investors. That's important because getting it on the ground floor of companies. Ipo that's how you get. The most gain often the day a company goes public. It's stock surges. Robin hood wanted away for all investors to have access to those kind of gains so two months ago the company launched a new feature to let users by two. Ipo's the first company that used. It was figs. Which makes scrubs and other wardrobes for doctors and nurses the latest stock to hit the markets is already making history. Figs is going public today. Fix is the very first company to offer customers of broker jap robin hood a chance to get in at the ipo price. Which in this case was twenty two bucks and figs just sold a fraction single digit percentage of their shares to robin hood users and the experience there was pretty positive for those that button into it at one point i think fig shares doubled in price a couple of weeks after the ipo. It's not just fix since launching. Its ipo feature. Robinhood users have been able to buy shares of other companies that have gone public companies like clear which does airport screening and do a lingo. The language learning app. Now robin hood is preparing for its own. Ipo shares are expected to start trading tomorrow and the companies announced. It will be selling a big portion of those shares to people who use robinhood up to thirty five percent of its ipo shares. And as far as peter can tell that's more than any company has ever offered to retail investors and why is that noteworthy so it is challenging this old kind of conventional wisdom in the market that companies going public shouldn't rely on retail investors when they're appealing and the reason is that it's kind of been viewed as unpredictable. It adds volatility. You don't know how retail investors are to behave once they get a share of an ipo. So robin hood is taking a gamble that that conventional wisdom.
MarTech Podcast
Growth Acceleration Secrets From The Private Equity POV
"Talk to me about private equity as it relates to marketing specifically marta companies. There's a lot of b2b sast companies that are out there that are thinking about the ipo. Were the big exit in reality. They don't have the scale you know. Become the next unicorn so they ended up scrambling. Where does private equity fit in. Who do you look for. So i would say this is the sweet spot. I really focused on sas based organizations. There's probably a plethora of organizations out there that really don't understand how to stabilize get on a accelerated growth track. I mean most of the founders of these organizations are more tech savvy individuals. Were they don't understand what it means to penetrate the market to build headcount to create conversion and remarketing and accelerate their growth and focus on. I like to call it. A focused on impact versus just revenue. Because most of these organizations are trying to make money versus generate impact which is a three prong approach towards scaling an organization that focuses on reach revenue en marche so when i meet by that as sast based organizations which brought up these czars software as a service based organizations and i like to focus on memberships. How many members can we get into the stock. And how quickly can we accelerate value Into these snacks and the goal is one which is reach. How do we start reaching the market and we take over. A percentage he had we penetrate penetrated market and that comes down to traditional arctic miles all the way through the advance more digital that we get into revenues. Not just reach. Now how do we convert the reach into some kind of a monetary value and in what we're converting we need to look at the organization not just from a sales sale sales because a lot of these atkins monsters out there. Only do they focus on. How do we make it sound. it's less about the sale. If you don't understand the march it's more about the operational side because sale is easy. If you have a great product sale is going to be recurring. If you have great product your organization will not stabilise thrive and grow and get to the next level of success is you don't understand the operational model so the third prompt to that impact generation is really on the margin. Saw that really encapsulates. Every functional aspect of an organization combined with the reach revenue which generates march.
EV News Daily - Electric Car Podcast
Lucid Goes Public to Accelerate New Products
"It goes public on the nasdaq. Hsieh's of lucid rose. Ten percent yesterday following their debut the startup receives four point. Four billion dollars in cash from the transaction after expenses saudi arabia's public investment fund have been a controversial for some people at least about certain things that do with saudi investment. That a billion dollars into lucid over the years they now come out of this with lucid worth twenty four billion and the saudi public investment fund owning sixty percent of the company By any measure. That's a damn good deal. These reverse merger deals Can indeed provide a cash injection to accompany to go public very quickly without the usual. Ipo process and it does give them four and a half billion dollars in cash to accelerate they're all out there roadmap much just cars. Suv's but also immobility Things like electric boats and planes e. Vitale you'll hear pizza. Rowlinson call it also home energy storage as well. Not just the lucid air. That starts seventy grand off the tax credits. But it'll go up to one hundred sixty two thousand. They are on target to deliver them. I've got a clip era of peter. Rawlinson the ceo. Talking this is edited for brevity by the way just full disclosure. But you can see the full Listen to the full audio is online on social media. How listen to what he had to say. We are on track for delivery of the groundbreaking lucid this year and we're on track for production shedule in custody monday plant. We've already started ground. Leveling for incredible integration of phases. Two and three of the factory bringing two point seven million square foot of expanded factory space ready for the introduction of the gravity project in late. Twenty twenty three
Equity
"ipo" Discussed on Equity
"Hello and welcome back to equity tech wrenches venture capital focused. Podcast unpack the numbers behind the headlines. My name is alex bill home. And i'm joined today by tech run early stage and venture capital reporter and all around excellent human natasha mosque arenas that tasha helu. Hello how are you. Alex mr birthday. Yes yes yes yes has yes. We're recording this on thursday and it is my birthday. I n thirty two well really. That's that's what i get. You survived another year. That is always worth reading. Last year was mostly pet was entirely pandemic and so it was not quite what i had in mind but yes i am alive i am i am kicking and so forth and we are here to talk about the week because even though it is my birthday week tech didn't get it and there's lots to do so does as it really does all right so what is on the show today well a great host of things. We are going to talk about the european market. We're gonna talk about some. Nf stuff because there's quite a lot going on. In the crypto world that has caught our eye. The dueling lingo. Ipo has updates. And we gotta talk about ed tech. Then we have notes on hot rounds from mural and bolt to companies that are growing very quickly and are now multi unicorns finally ladies and gentlemen at the very very end. We're going to note that clubhouses come out of beta alright. Natasha european market. I feel like. I've been repeating myself a little bit but everywhere in the world is incredibly..
Gloss Angeles
NuFACE's Tera Peterson Tells Us What's On Her Face
"So tara tell us what is currently on your face or what are you upset us obsessed with right now. So i'm obsessed with a by the ratio shares. They have this. It's more like a cream. Need milk cleanser. But it's oil free on if the lay the ipo to it's amazing it hydrogen your skin. You don't feel dry. After you cleanse your skin it even takes off all of your makeup which most creepy cleansers tend to like just basically like older where the the black is the mascara in like. Suddenly down your face this completely cleanses your skin hydrate your skin. Allah one step. So i'm obsessed with this. Of course i'm obsessed with maybe face. I mean truly. It's that instant facial that. Listen to use your face and two products that i'm also like really really loving is they've been around for a long time at least the first one which is the benefit i console it. Just so good for a blonde like me like it doesn't get to brown at doesn't get to it just like a perfect achy like perfect color and and i was getting my makeup done like probably a month ago in the makeup artists. Used the makeup forever the reboot. It is so good it leaves your skin glowing so those are my obsessions right now. You use goof proof brow from benefit. That's the brow pencil right. Yes yeah okay perfect. And then that reboot foundation. What's so funny that you brought that up. Because i just saw k. Jane hughes do a video It was aware test on that particular foundation and she wore it like all day long through all of her meetings shoots and it held up so so well so i need to say or have. You tried that one. No i haven't. But i was going to say i feel like all of your recommendations. Your picks are very on bandwidth g- los angeles. So yes well. In the cool thing about the reboot is that they have. I mean they have like a million in two shades. And so you really need to go into sephora and like get shade like testing because It really like it's a perfect match for like all tomes. So 'cause that's working out his intimidated about is like. I don't know what color i am. So it was moved because the makeup artist. She's like your this color. Just go by this. I was literally in the chair. I net on sephora dot com. And when she first introduced it to me. So yeah those are my
The Breakdown with NLW
Can a New Wave of Crypto IPOs Rekindle Wall Street Excitement?
"Anyways today. We're discussing the robin hood. Ipo and the circle ipo and whether they can get wall street. Stoked on crypto again. So first let's talk some background. In retrospect the coin base ipo as the top sort of looks super obvious right base ipo on april fourteenth and the bitcoin all time high depending on your exact source came within around twenty four hours of that event there was an extraordinary amount of hype around this which by the way is technically direct listing. Not an ipo. But either way there was a ton of hype and it's because in many ways it wasn't just a single event. He was the culmination of an entire narrative which had been driving the industry for upwards of a year that point. Bitcoin had surprising resilience post black thursday crash in march twenty twenty hedge funds. Particularly paul tudor jones start to notice and explicitly identify it as a good trade in the context of massive global money printing. And this wasn't hard to understand right. It was an incredible moment to c- bitcoin supply issuance pro grammatically have had the exact same moment as central banks were getting comfortable with bigger balance-sheets than ever and by the way paul tudor. Jones wasn't even close to the only hedge fund who bought into this narrative by late summer. Early fall some others like stand druckenmiller. We're going on cnbc to say so as well and turn michael sailor and the bitcoin treasury bat and all of a sudden there's an additional dimension to this institutional by narrative other companies like square follow. Suit some really unexpected players. Come in as well like mass mutual's one hundred million dollar bitcoin. By which is where many of you probably. I heard of a breakdown sponsor night dig all of this creates an incredibly strong clear narrative picture going into the holiday in the new year. And then we get alon tesla's one point five billion dollar. Bitcoin treasury by dwarfs at least the initial by of micro strategy and we really off to the races and then coin bases listing is announced and it seems like the combination of things a major truly legitimising company from the crypto space moving into public markets
CoinDesk Podcast Network
"ipo" Discussed on CoinDesk Podcast Network
"Breakdown is sponsored by dig and produced and distributed by coin. Us what's going on. guys. That is saturday's rely tenth. That means it's time for the weekly recap however yesterday before biden's whole executive order around competition in america i had basically prepared a whole additional show about the circle. Ipo and cannon new wave of crypto. Ipo's rekindle wall street excitement. So instead of a weekly recap where. I go through ten different things that happened or whatever. You're basically just getting another show. Hope you enjoy anyways today. We're discussing the robin hood. Ipo and the circle ipo and whether they can get wall street. Stoked on crypto again. So first let's talk some background. In retrospect the coin base ipo as the top sort of looks super obvious right base ipo on april fourteenth and the bitcoin all time high depending on your exact source came within around twenty four hours of that event there was an extraordinary amount of hype around this which by the way is technically direct listing. Not an ipo. But either way there was a ton of hype and it's because in many ways it wasn't just a single event. He was the culmination of an entire narrative which had been driving the industry for upwards of a year that point. Bitcoin had surprising resilience post black thursday crash in march twenty twenty hedge funds. Particularly paul tudor jones start to notice and explicitly identify it as a good trade in the context of massive global money printing. And this wasn't hard to understand right. It was an incredible moment to c- bitcoin supply issuance pro grammatically have had the exact same moment as central banks were getting comfortable with bigger balance-sheets than ever and by the way paul tudor. Jones wasn't even close to the only hedge fund who bought into this narrative by late summer. Early fall some others like stand druckenmiller. We're going on cnbc to say so as well and turn michael sailor and the bitcoin treasury bat and all of a sudden there's an additional dimension to this institutional by narrative other companies like square follow. Suit some really unexpected players. Come in as well like mass mutual's one hundred million dollar bitcoin. By which is where many of you probably. I heard of a breakdown sponsor night dig all of this creates an incredibly strong clear narrative picture going into the holiday in the new year. And then we get alon tesla's one point five billion dollar. Bitcoin treasury by dwarfs at least the initial by of micro strategy and we really off to the races and then coin bases listing is announced and it seems like the combination of things a major truly legitimising company from the crypto space moving into public markets and lord to look at their perspectives where they making money one point. Eight billion dollars in quarter one alone hype hype hype hype that first day trading went okay. At one point the stock popped in the total valuation. Made it over one hundred billion dollars. Things closed down a little bit but the company was still sitting at an eighty five billion dollar valuation after their first day trading but the momentum wouldn't hold within a week coin basis stock price had dropped about ten percent. After three weeks. It was more like twenty twenty five percent and it sort of just kept going finally finding a range where it's been ever since about thirty to forty percent off of where it started now. Basically no one disagrees with the notion that this institutional push into. Bitcoin was the driving narrative force of this bull run but there is a difference between narrative force and where actual buying demand that drives prices up. Is what i mean is. How much was the run-up being driven by institutions spot buying bitcoin accumulating versus crypto market speculators and investors trading that narrative which had the effect of driving price up which seemed to reinforce the narrative even if it wasn't really the institutional allocations carrying the market versus something else entirely on that something else front yesterday we explored how big source of demand the scale. Bitcoin trust neutral arbitrage trade represented for most of last year and the beginning of this year. I mean for a time gray scale was the fastest growing fund. Not just bitcoin fund. I mean fund in history but when the premium turned to a discount in february the market lost one of its biggest sources of bitcoin pressure. Now on the question of how much the bull demand came from institutions accumulating versus traders trading the narrative. Let's turn to a threat from sam tribe. Yuko at alameda. That i've referenced before this came in may after that big dip all the way back under thirty thousand he tweeted. The narrative in the winter was clear institutions. Were getting into crypto and. that's why crypto rallied. So much this mostly happened in bitcoin but the other coins mostly had a beta to bitcoin. So they all rallied. Some two simple enough more. Recently the rumors turned to eat now institutions. Were getting into two and some other coins but at least for the past couple of weeks. The rally was the big thing happening ignoring doj many altri all-time highs some for these more fundamental reasons and some for ilan related hysteria. Which queens are rallying. isn't all that matters though and understanding reasons for the buying isn't enough either. We need to go deeper. I saw a ton of speculation that the rallies especially the eighth rallies were low leverage and spot driven and therefore more organic. Somehow an important implication of that is that in the event of a downturn there would be relatively few liquidations. This narrative was super wrong though and it was possible to know that how well this narrative has been basically true zero times in the past three ish years you can tell from the fact that all the volume is in derivatives or spot where the exchanges allow leverage more specifically though this rally looked identical to all the others i've discussed on here open interest on finance but also on all the other platforms who shooting up. Basically the entire time premium were high for those products etc tail as old as time. That people thought ethan particular was just all institutions buying on coin base or something was particularly baffling to me. This was all on leverage just waiting for a day like today to come along and come along. It did whatever caused the initial market wide crash. Probably a lot of ilan with some china and other vague regulatory news thrown in or. Maybe it's a natural correction happened and liquidations that a lot of the work to make the downturn more intense one of the most important developments in this space is that community banks regional.
BTV Simulcast
Analyst: Didi's IPO Was a Disaster. Here's Why
"Calls the DD IPO a disaster with more on that and what China's crackdown means for more tech companies in his Edith Yeung of Race Capital is a China expert. And we're so glad to have you here because Once again dd feeling the pain share price. I mean, now, like 11 bucks well below where the IPO price was. And the question marks surrounding who knew? And when? Why was it such a disaster in your own minds? I Is such a disaster because there's a lot of rumors, speculation that maybe the founder and CEO both ignore about the request and the change and make sure that they need to comply with the data security and compliance before they go public. Regardless and there's a lot. This costs a lot of action lawsuit going on now, and there's a lot of hatred for the founders and also for the for the president, and it's just really unfortunate to see what's going on. Which in my mind, I think you know, companies send of really chilling effect for many, many Chinese companies that with the goal to get listed in In the U. S recently, including companies like Kid Keep, and Himalayas recently wanted to go IPO in the U. S. I heard that both call it off because of what's going on with the D. Link Doc as well, postponing its IPO. The ramifications there that is this to your mind's eye, Edith. What China wants. Does it want to prevent make it harder, more difficult for companies to go to the capital source that is the United States? I think you know what's really, really interesting to me is that in the past, a lot of people say data is the new oil data now really is the most important things in terms of infrastructure. I think China the most. Some of the most important Internet company of China, including Alibaba, Baidu, Tencent music are all listed in the U. S. Says over 248. Companies from China is listening to US. U. S stock market is really, really important to China and Chinese company. But having
Bloomberg Law
Marilyn Monroe Is Still a Counterfeiter's Best Friend
"Nearly six decades after her death, Marilyn Monroe is still a popular choice from mugs, T shirts, jewelry and other products using her name even illegally. Joining me is Bloomberg News Patent reporter Susan Decker. Marilyn Monroe is still popular. Just how popular issue she's so popular that counterfeiters loved put her name on T shirts and the owner of her trademarks loves to file suit to stop them. So who owns the right to her picture who owns the right to her name? Well, Authentic Brands Group, which is possibly going for an IPO late this year, owns her name and the phrase diamonds are a girl's best friend. Which, of course, is the famous song from Gentlemen prefer blondes. But her image is actually public record. There was a rather famous case back in 2012, where it was decided that she Did not have any right of publicity. Um, this is one of those Make sure you pay your taxes situations when she passed in 1962. They argued that she lived in New York because they didn't want to pay California inheritance taxes. It was a rather modest Mild, but still they didn't want to pay taxes. So they said she was she was a resident of New York. And they said, Oh, no, she was. She was domiciled in California when she passed and and the court said No. You can't say she lived in New York for purposes of taxes and then say she lived in New York, California for right of publicity. We stick with the first one, which was New York, so there is no right of publicity for Marilyn Monroe. The trademarks of her name are still
Art Beauty
IPL Therapy for a Flawless Complexion
"Into summer now and i think that you know coming out of kobe. We all wanna be gorgeous. Glory like yourself. And i do feel like there is such a focus on getting clear. Perfect skin you know. Want to get rid of the redness we want to get rid of the discoloration And i know to popular treatments. Both i p l and v being so. Let's talk about how we can sort of get our you know sort of perfectly clear. Summer skin And let's start with ipo. Can you tell people at home. Might not know what exactly i l is. Yeah of course. So i think the goal right is for all of us especially in the summer. It's not after any right. You wanna win our sons screen on hot. So i i am tense. Host light at stands for so. There's different wavelengths there's different size of him. He says that all vary makes them at your local filed. But then there's more advanced systems may be editor doggy. So armee machine empty tube company women at the bakery the first type yelich twenty five twenty seven years ago so they really perfected the craft. The idea was an ipo. Get ramp anything discolored. Don't on your skin so it's round. It's red bull leftover acne marv's labs modest so they really find soon. I think i have eleven wavelengths on machines you can go after every individual issues. That are to see
Daily Tech News Show
Robinhood Will Give Retail Investors Access to IPO Shares
"The stock trading app. Robin began rolling out. A new feature called ipo excess which lets users by initial public offering shares typically reserved for institutional investors. There are no account minimums to use ipo access and the medical scrubs company. Figs will be the first company to sell. Its ipo shares on
Geek News Central
Robinhood Will Give Retail Investors Access to IPO Shares
"This is pretty remarkable statement. Being made by robin hood in reap ravenous saying it will give retail investors access to those shares they will not be an underwriter for companies hitting the public market but the stock trading company will get an allocation of shares by partnering with investment banks. So the question is how much and who's actually robinhood going to get them. And i could share historically been aside for you know the rich and famous high net worth people this big so this is fantastic that they're starting Access and This would sway me a back to their app especially even participate with no account minimums. Now let me say that again. You can participate in that coming with no account minimums now. of course there's gonna be limited number shares. You're going to get but this move is probably going to be antagonized while street quite a bit and we know that. Ipo stocks hop on first day average is thirty six percent in two thousand twenty so individual best author. Somebody's popular names. That you can't get access to is exciting i will i will. I will double down this. If we're actually can get in on some aikido doesn't matter how many shares you get long as you get a few to worthy worthy investment. Most of the time. If you've done your due diligence on picking a stop that you wanna purchase but a biggs is going to be the first ipo. A medical scrubs company bigs which filed its. Excuse me if i were to go. People go public and thursday will be the first company and they anticipate that up to one percent of the shares of class. A common stock offered will be at will be available for robinhood investors. So that's fantastic news. It really really is
CNBC's Fast Money
From Twitter to Palantir, Losses in Technology Stocks Stack Up
"On the one side. The reason highflyers crashing back to earth. They just check out. These moves fastly. Fc twilla draftkings all plunging. Those names now down at least thirty percent from their all-time highs on the other side the old school value name cisco ibm dow oracle not just today but many are trading at or near all time highs so in this tech tug o war. What side do you bet on dan. Well right now. It seems pretty clear. I mean the pandemic winners right some of these high valuation high growth names that were really well situated during just the unique situation during the pandemic they pulled forward a lot of demand here and now they're faced with decelerating metrics forward on all sorts of occasions. You have fastly down there. Facet was down twenty five percent today. It's still trades at about ten times next year sales so the demand and the pace in which these companies were growing in last year into this year are just not sustainable at these valuations. I throw a whole nother group though in their mail. We've seen some huge. Ipo's over the last six months or so airbnb. Door dash snowflake pailin tear and those stocks are down thirty forty percent from their recent highs. And they'd be more comparable to the oracle the dell the ibm and the cisco and i do think that as a really interesting relationship here that you're seeing rotation out of these high valuation names into cheap names that are more stable that don't have the growth just a bit more defensive here.
Agent of Wealth
"ipo" Discussed on Agent of Wealth
"It's now traded on a on a stock exchange or over the counter It's able to purchase it in your investment account and the question comes up. All the time is right. This company is going is ip owing tomorrow next week. Should i buy some. And i think one thing one thing that's warranted is just a look at see how some of these. Ipo's perform whether it's right after they ipo As well as longer longer term. And you know it's it's not that we say to people you know..
Agent of Wealth
"ipo" Discussed on Agent of Wealth
"Ipo's are usually these companies that are like mates noise. You know these disrupters. Writing the any. And i really. That's really the main. The start of this. Conversation is usually like the success that company you mentioned success a couple times and related to go one level down. What that really means is my why company. Ipo is is. You have this company. That's that started a private company and you have a have the founder and you have some owners and you may have some you know executive officers in the company. Everyone is getting stock in this company. But it's a private company so really that stock is just. You can look at it. You can say it but you really can't do anything with it. The ipo is that event. Now where all these people from. The company that have stock are able to profit off of that. and they they. They're able to have that option. Now of you go back to success making money and getting getting you use air quotes paid out on on the so and that's a lot of the reason why it is successful is because it's this event where you know like you said The company's worked hard to companies gone through a lot of progress. You mentioned profitable which will talk about a little bit because there are a lot of these companies that are go therapy on. That aren't profitable But yeah like you said it's a it's a really exciting event for company to go through it. And that's why. I think that vice treaded lightly around the the The the talk around that unicorn status that one billion valuation just because you just said like there because of the tech space is a lotta. Those rules have changed that always. And there's been plenty of appeals with companies once we know very well today There weren't even profitable when they went but they are. You know it was just the space that they're in and the momentum they had for whatever reason it started down that road. But but in general there's two phases of rolling out an ipo of the first phase it might be referred to as what they call. Premarketing phase is the corporation will start the advertiser interest in going public universities. This involves Reaching out Advertising the underwriters ultimately the underwriter that the company typically. It's going to be at least one if not most times to rounder writers and the under is basically going to help them with basically getting the word out and figuring out the valuation of the company. That's ultimately what so. Obviously you can imagine such a big undertaking. It's gonna take some time to figure out like who who's going to be partner in in the launch of the ipo and then the second phase is really going to be You know a lot of implementation uniform board of directors in implementing a process for audit Estimating demand that how much you know. There is a supply and demand. Portion of this. We can get into a little bit more religious just understanding like okay. We're gonna take this the shares and put them out there. How much demand is there gonna be for. This based off of what people might think might think the value to be because again. There's not a lot of like this is a private company. And there's not a lot of information out there as to let they like like a like a public company would where you can go dig into their books and understand what their profitability is. So you know a lot of it is it..