Looks like the title changed? TFA now says:
WeWork parent says IPO still on despite setbacks
WeWork parent pulls IPO following pushback: sources
101–110 of 347 posts
Re: WeWork parent pulls IPO following pushback: sources
#102Semi related but Blue Apron will forever be my favorite IPO. 5 stock splits and 3 CEOs later, day one investors will receive roughly 2 pennies back for every dollar invested just 2 years ago. Only people who won were those who dumped free shares on the market (insiders), and maybe consumers for getting subsidized food of questionable quality. Once valued at 2 billion USD, a paltry 150 million will get the job done no…
I actually still use Blue Apron. It's not that much more expensive than grocery shopping (I live in New York so groceries are expensive) and you never end up with wasted food. The recipes are generally very quick to make and far better than anything I could make on my own in a comparable amount of time. While the business may not have worked out so well their service is still pretty good.
The introductory pricing was a reasonable deal for two people. We learned some new recipes (always nicely-printed and savable) and the meals were always tasty. But once the introductory pricing was over, and once we got tired of the obscene amount of packaging we had to throw away, we stopped it. Chalk up another churned customer.
Re: WeWork parent pulls IPO following pushback: sources
#103Earlier quoted context omitted.
The furniture isn’t snazzy it seems like cheap ikea stuff
WeWork has created an incredible sort of social filter though. At least in NYC, if someone is a member at WeWork its a strong signal you don’t want them at a party. Maybe it’s some sort of AI they’ve built in house?
Lol how full circle -- WeWork-membership being a negative selector.
I remember when folks were telling me not having a WeWork space was a sign you didn't want to network with other like-minded folks.
Re: WeWork parent pulls IPO following pushback: sources
#104Earlier quoted context omitted.
like which ones?
uber, lyft, to a lesser extent slack
Can you all be more specific about which "talking points" are similar? These companies had to submit financial statements ahead of their IPOs and as far as I know, WE has been a complete trainwreck in comparison to the others. Talking about "talking points" doesn't seem to address any knowledge of what exists in financial statements, it sounds way more abstract like we're trying to say that Uber, Slack, etc. all talk big about themselves but are actually not that great. Like that matters? In comparison to a CEO who has used his position to allow for absurdly corrupt looking deals and nepotism, which was not the case for Uber, Slack, etc.
Just saying, maybe you and the other person could be more specific about how WeWork is similar to Uber, Slack, etc. beyond "talking points" because financial statements are more substantial than how similar companies puff themselves up through PR and branding.
Re: WeWork parent pulls IPO following pushback: sources
#105Earlier quoted context omitted.
Pinterest is next https://trends.google.com/trends/explore?date=today%205-y&ge...
Google trends is probably not a good way to assess Pinterest. Want to browse Pinterest? Open the app. Want to get Pinterest? Go to the App Store. Heard someone say 'pinterest' but don't know what it means? Search google. Your link is only showing that last one.
Yet Google Trends exactly reflects (exhibits?) Google Play data of our app that has 37 million registered users.
Re: WeWork parent pulls IPO following pushback: sources
#106Earlier quoted context omitted.
Pinterest is next https://trends.google.com/trends/explore?date=today%205-y&ge...
Google trends is probably not a good way to assess Pinterest. Want to browse Pinterest? Open the app. Want to get Pinterest? Go to the App Store. Heard someone say 'pinterest' but don't know what it means? Search google. Your link is only showing that last one.
Google Trends takes advantage of the Google knowledge graph for deeper understanding of entities and companies. This is showing "Pinterest the social network" not just "Pinterest the search term". You can toggle with the menu at the top.
Re: WeWork parent pulls IPO following pushback: sources
#107Earlier quoted context omitted.
Google trends is probably not a good way to assess Pinterest. Want to browse Pinterest? Open the app. Want to get Pinterest? Go to the App Store. Heard someone say 'pinterest' but don't know what it means? Search google. Your link is only showing that last one.
Yet Google Trends exactly reflects (exhibits?) Google Play data of our app that has 37 million registered users.
And for "Facebook", Google Trends shows a 71% drop worldwide over the last 5 years. Their Q2 2019 earnings showed a 20% worldwide growth in monthly users over the last two years alone. "YouTube" shows a 45% drop over 5 years. "Google" itself shows a 60% drop over 5 years.
Google Trends can't reliably tell you anything useful about a site's growth or activity. I'm not denying it correlates with your specific app, but that doesn't mean it will work for everything, and it clearly works very poorly for popular services.
Re: WeWork parent pulls IPO following pushback: sources
#108Earlier quoted context omitted.
Honest question if anyone knows more details. VCs these days are very focused on the "SaaS Quick Ratio": https://www.cobloom.com/blog/saas-quick-ratio-how-to-measure... (Blue Apron isn't quite a SaaS business but close enough for this metric). The idea is that it not only measures growth, but measures new customers in relation to churn, with the idea that it's a lot easier to have a long term successful business if y…
I gotta say, I do hope Blue Apron survives. After all, if it goes under, who will sponsor the entire podcast ecosystem?
Maybe Hello Fresh will expand their sponsorship from Youtube Sloggers...
Re: WeWork parent pulls IPO following pushback: sources
#109Earlier quoted context omitted.
I actually still use Blue Apron. It's not that much more expensive than grocery shopping (I live in New York so groceries are expensive) and you never end up with wasted food. The recipes are generally very quick to make and far better than anything I could make on my own in a comparable amount of time. While the business may not have worked out so well their service is still pretty good.
Blue Apron just seems so unnecessary. You still have to do all the work! Just go to the grocery store and buy stuff there? You can get recipes online for free. I do all my shopping on Saturday at Trader Joe's and spend very little for lots of food which I then cook. There's so much wasted materials and trash with Blue Apron. I don't get it, but then I don't have any trouble cooking for myself and my family. I didn't…
Everything you said is accurate, but that doesn't mean there isn't a place in the market for Blue Apron.
People are paying for convenience. Think of it like a house cleaning service. You don't NEED to hire someone to clean your house, but it makes your life a little easier and for some, that's worth it.
Re: WeWork parent pulls IPO following pushback: sources
#110We Co isn't a tech company. Its a landlord subleasing commercial realestate as short term month to month leases with snazzy furniture. They happen to have a mobile app. Its functionality is so poor they removed the pay snack bar in my SF WeWork because no one could pay through the app. CloudFlare... Now there's a proper tech company.
Yes! They even use lava lamps in their lobby to generate entropy.