Anyone else grabbing some pre-IPO shares between $31-34? I should have 1K shares coming via E*Trade/MS. Thoughts on the $6B valuation? This seems like a big roll of the dice on the 3/21 listing date. 👀🍿#investments
I am shorting it the first chance i get
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I thought 6b was pretty good, but it’ll probably open at a big pop. What’s their Ttm revenue and growth?
With them having a non-traditional issuance, those that are interested potentially have early access via Robinhood and SoFI, so I’m wondering if this absorbs Day 1 retail demand. As for financials, check their S1 for details. They do $1B in rev. I feel user growth & engagement might be more relevant than their dev growth, as they’re still figuring out monetization.
I asked because I don’t want to check the s1 lol! I won’t be buying until the noise settles after ipo lockup. I’d guess they don’t have much room for user growth. So engagement and revenue growth are likely the key levers. Hence the question about rev growth