How many unprofitable companies are hitting the IPO market this year?
In this week’s video insight Lachlan draws comparisons between the infamous dot.com bubble and today’s tech boom. Uber, Lyft, Airbnb, WeWork, Pinterest, Zoom, Slack, Chewy.com – the list of scheduled 2019 IPOs is long and continues to grow. Do investors understand how much risk comes with these companies?With a wave of unprofitable companies hitting the market with high valuations, the oversupply of global liquidity funding these businesses should serve as a warning to any value investor. Click To Tweet