A lot of these growth companies that have been hit the hardest, they had very, very high valuations. Now that we're in a world of much higher inflation, the discount rate that investors use to estimate stock prices has gone up tremendously. And it's not surprising that this part of the mark has been hit particularly hard. These new companies were goin to talk through a couple of different big buckets that we've identified to kind of explain what we've seen so far in the first couple of years for some of these new public entrance.
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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