Upcoming IPOs:
Postmates

It was so close

Back in September 2019, Forbes reported on Postmates’ allegedly last private round of funding before a potential IPO. It was only a month later that the high-flying unicorn decided to press on the brakes and blamed “market conditions”, according to Crunchbase, for delaying the anticipated public offering.

What the last round of $225M indicated

There was a strong appetite for the company’s ability to fuel additional growth. According to research Invertidos has had access to, that appetite is widely backed by Postmates’ revenue growth forecast:

According to Forbes, the latest round of financing valued the company at around $2.4B.

Current market conditions

In deciphering Postmates’ CEO alleged reason to postponing the public filing, one can read into the rationale: Wall Street’s ruthless response to the latest cohort of tech companies coming from Silicon Valley and the WeWork debacle, both correlated to their inability to turn a profit.

Wall Street has been “vocal” at signaling its disinterest in technology companies that have been unable to provide a clear path to profitability. Postmates is no stranger to this conundrum. The “growth at all costs” mentality popularized by some of the Valley’s most prominent founders and investors isn’t quite resonating as positively in New York City’s stock markets.

From PayPal founder and notable investor Peter Thiel’s “Grow so quickly it discourages anybody from even trying to compete.”, to LinkedIn founder Reid Hoffman’s entire manifesto around “growth over anything else” in his book Blitzscaling, where capital isn’t deployed efficiently but aggressively, has certainly found its worthy archnemesis in the trading floors of the big apple.

Invertidos’ takeaway

Here at Invertidos we strive to provide our investor network with access to superb investment opportunities. During our due diligence process, we make sure to cover every angle of a company’s ability to win, and profitability is an extremely important aspect of long-term success, especially as a public company.

If you want to learn more about our process and our investment opportunities, make sure to contact us and we will be delighted to walk you through our process and portfolio.

Thanks for reading.

Upcoming IPOs – Postmates

It was so close

Back in September 2019, Forbes reported on Postmates’ allegedly last private round of funding before a potential IPO. It was only a month later that the high-flying unicorn decided to press on the brakes and blamed “market conditions”, according to Crunchbase, for delaying the anticipated public offering.

What the last round of $225M indicated

There was a strong appetite for the company’s ability to fuel additional growth. According to research Invertidos has had access to, that appetite is widely backed by Postmates’ revenue growth forecast:

According to Forbes, the latest round of financing valued the company at around $2.4B.

Current market conditions

In deciphering Postmates’ CEO alleged reason to postponing the public filing, one can read into the rationale: Wall Street’s ruthless response to the latest cohort of tech companies coming from Silicon Valley and the WeWork debacle, both correlated to their inability to turn a profit.

Wall Street has been “vocal” at signaling its disinterest in technology companies that have been unable to provide a clear path to profitability. Postmates is no stranger to this conundrum. The “growth at all costs” mentality popularized by some of the Valley’s most prominent founders and investors isn’t quite resonating as positively in New York City’s stock markets.

From PayPal founder and notable investor Peter Thiel’s “Grow so quickly it discourages anybody from even trying to compete.”, to LinkedIn founder Reid Hoffman’s entire manifesto around “growth over anything else” in his book Blitzscaling, where capital isn’t deployed efficiently but aggressively, has certainly found its worthy archnemesis in the trading floors of the big apple.

Invertidos’ takeaway

Here at Invertidos we strive to provide our investor network with access to superb investment opportunities. During our due diligence process, we make sure to cover every angle of a company’s ability to win, and profitability is an extremely important aspect of long-term success, especially as a public company.

If you want to learn more about our process and our investment opportunities, make sure to contact us and we will be delighted to walk you through our process and portfolio.

Thanks for reading.