There's an old adage, there's not a bad idea when cash is plentiful. And think that with intestrates being low, with a growth on mine set, we saw a lot of more out there ideas come public earlier than maybe they would of five years ago or ten years ago. Pre revenue companies are often making zero dollars during the research and development process. That makes valuing those companies very, very, very tricky because al you can't lcate earnings if those earnings are so reliant on a factor that's outside of management's control.
Editor's note: This episode was recorded before news of the Coinbase's insider trading case was made public on Friday.
2021 was a milestone year for companies going public. In 2022, the tide turned. Dylan Lewis and Brian Feroldi look back on the IPO boom and discuss: - Reasons why companies go public - Newly-public companies that may never come back to IPO levels - Questions for investors to ask even when financials look strong - The trends that hit Robinhood and Rocket Mortgage - Lessons from pre-revenue companies that went public
Stocks mentioned: COIN, HOOD, RKT, NKLA, SPCE, JOBY, RIVN, LCID, SEMR, INTU
Host: Dylan Lewis Guest: Brian Feroldi Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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