181–190 of 347 posts
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Ah, but it has/had a tech company valuation. Why do you think valuations varied so wildly? You get the same thing with Tesla, it's valued more as a tech company than as car company.
You can make a reasonable case that Tesla might grow a lot, whereas other car companies not.
As someone living in SF, I don’t think anyone in SF or SV would ever consider WeWork to be a “Silicon Valley” company in the same way that Uber or Twitter or Slack is. The company has 0 tech brand among employees (how many ex-FB or ex-Google engineers work there?) and outside of Benchmark’s early round none of the VCs are SV-based. Point is the media is making this out to be an indictment on some SV tech bubble but p…
My wife just started a contract at a new WeWork office in London. The lobby features a giant but non-functional as skateboard ramp, and two DJ booths, both manned (at 9am on a Monday). The bathrooms feature the very latest in digital toilets, but they aren't flushing, and nobody can figure out how to reboot them.
At an aesthetic level, this couldn't be more Silicon Valley if Mike Judge were in charge of the service design.
In this context, the media pile-on may be annoying -- but it's inevitable, and basically deserved.
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You need to dress it up a bit, like this: Rpicup.com, the global leader in non augmented reality solutions, leveraging modern technologies to anticipate trends in the digital/reality interface. Rpicup brings printing, or as we like to say rpinting(tm) in to the 21st century. Rpicups: Print your way to world peace. Edit: I am of course available for consulting work, and to ensure my neutrality in such matters will onl…
Has Softbank rung you up yet?
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> you're probably worth only $20B This is something I don't get. Pretty much all of these businesses are aiming at dominance on some sector. They entered into the game with the understanding that it's all or nothing. If they don't achieve that dominance, or if the sector itself turns out to be less than worthwhile, isn't it more likely that these companies are worth essentially zero, rather than some percentage of th…
Why would a coworking space real estate company need to achieve dominance?
Which is why steady-but-slow niche businesses don't get this kind of attention, even if they have better long-term prospects.
The product being sold at IPO is the promise of dominance of a market - because that implies a whole set of predictable relationships with investors, employees, and customers.
The product as sold to customers - whatever that is - is almost irrelevant.
A successful IPO is a convincing statement of political intent. We has almost managed that - but not quite enough to get it over the line.
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Ah, but it has/had a tech company valuation. Why do you think valuations varied so wildly? You get the same thing with Tesla, it's valued more as a tech company than as car company.
The biggest difference between car companies and tech companies is return on invested capital. According to that Tesla is somewhere inbetween a tech company and car company. Also it's the only car company that used software to substantially improve the performance of the car using software after selling it.
Have you got figures because I just googled for Telsa, Ford and Facebook at that doesn't seem to be the case, albeit with older figures.
Anyway at this stage Tesla are selling luxury cars to the converted, its unclear to me that they can keep doing that. Eventually they'll have to start selling to Joe Bloggs.
https://www.gurufocus.com/term/ROC/NAS:FB/ROC-/Facebook
https://www.gurufocus.com/term/ROC/F/ROC-/Ford-Motor-Co
https://www.gurufocus.com/term/ROC/TSLA/ROC-Percentage/Tesla...
Do I need citizenship in the USA if I want to trade on this stock?
Any wagers on the price of fancy, used office chairs in 6-12 months? :) #dotbombveteran
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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…
Do I need citizenship in the USA if I want to trade on this stock?
Once the stock has gone IPO anybody can trade.
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Some of those (e.g. Slack) are growing phenomenally fast though, and could become profitable quite easily. Others (e.g. Uber and Lyft) have a questionable business model. Edit: wow I didn't realize Slack had such a large market cap. That is a LOT of growth priced in, probably more than is justified.
While this is true, I seem to miss what makes Slack special. We use it at work, and it is decent at what it provides, but we could probably just as well switch to Discord, Microsoft Teams or ICQ. Microsoft Teams especially seems like a deliberate attempt to dethrone Slack, and while it is slightly more annoying to use, it just makes sense for companies to bundle their services and subsciptions. I do not really see a…
- Message history
- Files that have been shared
- Integrations / bots / ...
- Plus you would need to setup everyone again, create channels, ...
Slack goal is to be cheap enough that it does not represent a major cost for the company and integrated enough that moving would be a pain.