WeWork’s IPO has been put on hold. How will this delay affect its $47 billion private valuation and where will it rank among the Top 30 Largest IPOs of 2019 if it ultimately completes an IPO?
What’s the significance of several tech stocks—Amazon, Apple, Google, Microsoft, eBay—displaying the same after-market-hours price of $123.47 yesterday afternoon (Monday, July 3)? Monday, July 3, 2017. Could it be some sort of software backup glitch related to the Windows Server Event ID 12347 (Volume Shadow Copy Service–VSS)? Perhaps it’s just a coincidence.
A bubble exists when asset prices rise beyond what incomes and cash flows can sustain. As such, these two charts below about India’s consumer internet bubble, circa 2015, reflect our perspective that valuations of many asset classes are overvalued based on fundamentals. By the way, we were introduced to the source data by a Linkedin …