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Arm Announces Public Filing for Proposed Initial Public Offering

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Re: Arm Announces Public Filing for Proposed Initial Public Offering

#171

Post by lotsofpulp »

sofixa wrote: post #164
klelatti wrote: post #138

I think in many ways Arm is (or should be) a sort of large 'Mittelstand' [1] business. Long term focus, independence, customer focus etc are key to the success of this type of business. Trouble is, its success and its sector has given it a profile that attracts attention from the likes of Softbank who have other ideas. A company doesn't need to have a Nvidia like P/E ratio to be successful. [1] https://en.wikipedia.o…

> A company doesn't need to have a Nvidia like P/E ratio to be successful. Absolutely true. Sadly nowadays, especially in the US, and especially in tech, unless the company is growing like crazy or massive, it's considered as insignificant and dimissed.

How are they “dismissed”? Are trading volumes or share prices for non crazy or massive companies too low?

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#172

Post by tmoertel »

mastax wrote: post #102
afandian wrote: post #4

"250 billion chips" I wonder how many of those are buried in landfill now.

I remember there was a disposable COVID test that had an arm processor in it.

I think that the price of those tests was about $70 each, however.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#173

Post by phkahler »

cgeier wrote: post #41

It feels strange to call it in "Initial Public Offering" when the company used to be public ten years ago.

IPO stands for "Infusion of Public Overspending". It's an exit strategy for private equity and VC, so more of an ending than anything "initial".

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#174

Post by joelthelion »

kmlx wrote: post #20
senttoschool wrote: post #16

During the height of the covid tech bubble, Nvidia offered to buy ARM for $40b. Right now, Softbank wants a $60b - $70b valuation when many tech stocks have lost 90%+ and some large caps have lost 30% - 50%. What justifies such crazy increase in value? Also, I believe Nvidia overpaid for the company regardless. Nvidia was willing to pay $40b because they want a world-class CPU design team to integrate their GeForce I…

> It's generally not a good business to invest in. i agree. > Arm reported $524 million in net income on $2.68 billion in revenue in its fiscal 2023, which ended in March i find the current valuation ludicrous, and it seems like it's pushed more by Softbank's Vision Fund than a firm grasp in reality.

If you think about it, should any of the major players buy ARM and shut it down to the competition, the other players would be in deep trouble (Samsung, Apple, AWS, Google all depend fairly deeply on ARM). That has the potential to drive valuation up a bit, no?

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#175

Post by michaelt »

frutiger wrote: post #155
pjc50 wrote: post #137

Earlier quoted context omitted.

If you ask people in the street to name a famous living British technologist, they might come up with Tim Berners-Lee or James Dyson, but they are never going to name Sophie Wilson. (I wonder what answers you would get?)

Alan Turing (on the £5 note) and Isambard Kingdom Brunel maybe?

Alas pjc50 specified living British technologists.

I mean, Britain has many great technologists if you're willing to count the likes of Arkwright (died 1792), Babbage (died 1871), Watt (died 1819), Faraday (died 1867), Randall (died 1984), Bell (died 1922), Harrison (died 1776), Logie Baird (died 1946), Stephenson (died 1848) etc

But some would say if a country's list of technology greats has so many dead people on it, perhaps that country's glory days are over.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#176

Post by meragrin_ »

moconnor wrote: post #76
user20230822 wrote: post #53

Earlier quoted context omitted.

How do they manage IP if they have no control over them? I see a pretty big issue

According to the filing they have extremely limited ability to influence them and yeah it is a big issue.

I wonder if it would have been better for Nvidia to have bought ARM. Nvidia's cards might have been sufficient influence.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#177

Post by kriro »

I'm pretty sure it's going to be one of these companies that I don't invest in for reasons that sound logical to me (a big part of the company just splitting in China basically rogue + my personal view that RISC-V will gain traction due to the licencing policies of ARM) that will do very well :D

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#179

Post by Galanwe »

sgerenser wrote: post #152
Galanwe wrote: post #70

Earlier quoted context omitted.

> Is there more global access to the US market? Does capital flow with less friction to it? Yes, and yes. > What about indexes? If they qualify for NASDAQ or some other major index, there's some "mandatory" investment that gets triggered by a bunch of funds that do index tracking. NASDAQ is an exchange, not an index. The most prominent index on NASDAQ is the QQQ, the top 100 stocks,market cap weighted. But this is th…

Arm would definitely qualify for the Nasdaq 100 index. I don’t know where you’re getting the $400B market cap minimum, but the current index includes Zoom (19.7B), Walgreens (23.3B) and eBay (22.8B), among many other companies well below $40B (let alone $400B) market cap.

Damn you're right. I should have stayed in bed today.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#180

Post by lotsofpulp »

bemusedthrow75 wrote: post #141
tchaffee wrote: post #111

Earlier quoted context omitted.

Is your claim that a Facebook engineer would have trouble finding a different job with high compensation and great healthcare? That's a bold and hard to believe claim.

This comes across as quite rude, TBH. But answering you on the merits: it’s entirely possible, yes. For example, what if sensible life choices include moving out of state to a place where there is less tech industry? Just changing jobs can interrupt healthcare and cause costs. And the process of switching providers is, in the experience of a friend with a family with complex healthcare needs, sometimes so kafkaesque…

I have been buying health insurance that uses Blue Cross Blue Shield’s network in the US, and in 4 different states with 4 different health insurance companies on east and west coast it did not seem to make any difference.

I have bought them on healthcare.gov, and I have received them from employer, and it all seems to be interchangeable from my experience over the last 10+ years.

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