Airpin (ABNP) and Door Dash (Dash) have to come out of the financial explosive gates as public companies, given the borderline insane ratings, both of which are offered to investors on their respective IPO days. In other words, untested untested war rental and food delivery businesses with such valuable ratings – every revenue day – expect street sky and moon from co-founders and CEOs Brian Cesky (Airbin) and Tony Sue (Dor Dash). Five years. Good luck living up to those expectations every three months. “These companies [Airbnb and Doordash] We need to make decisions that meet or win investors’ expectations, ”Kathleen Smith, chief executive of Renaissance Capital, told Yahoo Accounting Live. “This menu is set to be the highest by looking at one-day performance.” You don’t make fun of wild shows one day. Airbnb traded up $ 146 for trading on Thursday, with an initial public offering price of $ 68. Airbin’s opening business was valued at $ 101.6 billion. Airbin CEO Brian Cesky is shown on an electronic screen, centered on Thursday, December 10, 2020, at the Nasdaq Marketplace in New York. The San Francisco-based online holiday rental company holds its IPO on Thursday. . This is more than the $ 62 billion market for 112-year-old auto company General Motors (which sits on some game-changing electric vehicle technology, as GM CEO Mary Barra recently told Yahoo Accounting Live). Shares of the service rose 80%. Although Turdash shares returned 8% on Thursday, the company still has a $ 66 billion north market cap. It has a market value of more than $ 18.6 billion for Burger King and Bobai-owned restaurant brands. “There is a lot of excitement about companies that are well known to the mass consumer. Turdash and Airpin are very familiar names and get a warm welcome when they come out, ”Smith said of the exciting market introductions. “But these companies need to be linked to performance and financial results. We’ll look back in the next two months to see if they can tell the key, whether they kept that much money on the table or not. We’ll see.” Chasing the pace of the day – lowers what Smith said about sky-high expectations and financial realities Airpin has recorded a total loss of $ 1.1 billion since its creation in 2008. It recorded a loss of $ 697 million in the first nine months ending September 30. Airpin has never been profitable during the travel seasons, whose guess is that turning a profit post into an epidemic, however, will see the street clear path for profits for Airpin on its first earnings day (its 2 019 IPO First Unlike what Uber has to bear from Wall Street) Market introduction due to its insanity. There is no quick path to profits from Cesky and his board of directors making a profit for the thirsty Wall Street, and the stock can easily be placed in the penalty box. This goes to Sue Over in Turdash, who oversees a business that lost the first $ 149 million in the nine months of 2020. Much of the country during COVID-19 epidemics is like ordering food from home. We want these two executives to be good at that first revenue call. The menu will be high. Brian Sosi is an author and major presenter at Yahoo Finance. Follow Sosi on Twitter rian Brian Sosi and LinkedIn. Ann
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