Equity Shot transcribed: Slack’s S-1 and Uber’s IPO terms

We’re deep in IPO news, and last week was no different. When this happens, Equity’s Kate Clark and Alex Wilhelm fire up their mics and wax financial about the news we can’t possibly fit into the regular episode of the popular TechCrunch podcast.

Last week the duo discussed Uber’s IPO pricing and Slack’s S-1.

On Uber:

Kate: And before we jump into Uber’s Q1 financials, what do you think of Uber is most recent private valuation of 72 billion. Do you think that’s a wildly inflated valuation or do you think that’s a reasonable price tag?

Alex: So I have absolutely no idea. And we’re going to get into this a bit with the Q1 numbers, but I don’t know how to price this company. I really don’t. We talk a lot about SaaS IPOs and there’s a lot of really solid metrics out there about those companies and what they’re worth and what makes them work more or less than competitors. Uber’s a strange beast. It’s got these enormous losses. It’s got slowing growth. It is a global brand. It’s got an enormous amount of revenue. But where to put a price on it for me is a really big struggle. And this is why I’m glad that I’m a journalist and not an analyst because I don’t have to make that call.

On Slack:

Kate: I thought they were closer to profitability than they actually are and Slack is still losing a lot of money. So really it’s just like all the other unicorns who you’ve been covering who are not profitable and who are losing a lot of money, but Slack is a great business. So I think we’re going to see that play out. Actually. I kind of wish it was doing an IPO because it’s a lot more fun to speculate and criticize when we’re covering, direct listings yeah, they are so simple in so many ways and I think that’s what has appealed Spotify and Slack to that method of exit just because it does cut out a lot of that kind of especially unnecessary prices those companies have to pay, you save a lot of money doing it this way.

For access to the full transcription, become a member of Extra Crunch. Learn more and try it for free.

Get Articles and ICO whitepapers written by Williams Alfred Onen

Comments

Monster List of Markets: 135 Places to Find Freelance Writing Jobs

Are you looking for freelance writing jobs? Here’s a hint. Content mills, bid sites, and job boards might seem like an easy place to go to find freelance writing jobs, but they’re usually a waste of time. Too much competition, flaky clients, low rates. That’s usually what you’ll find there. And it doesn’t have to be that way. You’re better off looking for freelance writing jobs by pitching magazines and websites that pay writers. It’s called pro-active marketing. And it’s a game changer if you’re serious about full-time freelancing. Instead of sitting around waiting for the Mysterious Force to drop some assignments in your lap, pitch a story idea to a magazine or website. Study the market. Come up with a story idea. Do a little research and mini-interview. Then write a great pitch letter and send it off. Rinse and repeat. Need a little help figuring out where to pitch your bright ideas? We’ve done some of the hard work for you. Check out this updated monster list of 135 markets (f

A peek inside Sequoia Capital’s low-flying, wide-reaching scout program

Ten years ago, Sequoia Capital began quietly encouraging founders of its portfolio companies to consider which of their founder friends they might like to get behind financially. Sequoia would let them write checks to those companies, and it would share with them any later rewards. It was a brilliant idea. It allowed Sequoia to keep tabs on entrepreneurs — and nascent technologies — not yet in its universe. It cemented the firm’s ties to the founders who were already in its family. Not last, it grew Sequoia’s already considerable influence in Silicon Valley. Fast forward, and the ripple effects of the highly successful program have not only been wide-reaching, but they’ve quietly reshaped the industry in ways that only those closest to Sequoia have been able to fully appreciate — until now. To learn more on the tenth anniversary of Sequoia’s “scouts” initiative — which has since been widely copied by other venture firms — we reached out to Sequoia’s Mike Vernal, the partner who to

As it readies a test for vaping additives, cannabis testing company Cannalysis raises $22 million

Cannalysis , a testing company for cannabis, has raised $22 million in a new round of financing as it prepares to bring a new test for vaping additives to the market. The test, which the company is preparing to unveil later this week, will test for the presence and amount of Vitamin E acetate, a chemical compound that may be linked to the aping related illness that has swept through the U.S. in the past month. Cannalysis chief executive Brian Lannon said the new product was developed in response to the current crisis in the cannabis industry over illnesses related to vaping cannabis products. “The big story that’s been going out over the last week isn’t the product that’s going out in cannabis, but an additive called Vitamin E acetate. We have developed a test for that,” Lannon says. “ As part of the different compliance testing that’s required, it’s not mandated to test for any of these additives… What I’m anticipating based on the phone calls we’ve been getting is that a lot of o

Every Recent Update

Search This Blog