4.6 • 854 Ratings
🗓️ 19 October 2021
⏱️ 27 minutes
🧾️ Download transcript
Personal finance site NerdWallet has filed a prospectus to go public, with reports indicating it could seek up to a $5 billion valuation. What should investors think about this business model? Join Asit Sharma and Emily Flippen as they discuss another upcoming IPO.
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0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
0:20.4 | And we're talking energy. And today we're talking tech. Let's dive in. |
0:25.0 | Welcome to Industry Focus. Today is Tuesday October 19th and I'm your Consumer Goods |
0:31.0 | host Emily Flippin. Today I am joined by Motley Fool Senior analyst |
0:34.7 | Osset Sharma and we're going to be talking about another business that's headed to public markets. |
0:39.6 | Yes, we've been doing a lot of S1 shows, but this company is really interesting and I think a lot of consumers may have heard about it before. It's nerd wallet. |
0:48.0 | Yeah, Emily, I'm so excited to be nerding out with you today for a few minutes on this one. |
0:53.6 | Yeah I was really excited when I saw that this company was I had at least filed to go |
0:58.7 | public because I'm familiar with it as a myself, I will imagine that a lot of our |
1:03.7 | listeners, if you engage with Motley Fool's content like listening to our |
1:07.5 | podcast, subscribing to our services, I'm willing to take a bet that you probably also |
1:12.0 | engage a little bit with |
1:13.0 | nerd wallet. They're in the personal finance space. Their website really aimed at |
1:17.7 | providing financial education, but really and all on all actually, you know, trying to get you to sign up for a credit card, |
1:25.0 | maybe take out a loan if you need it. |
1:26.0 | But they're really about empowering consumers. |
1:28.0 | I was excited to see this business go public. |
1:31.0 | But as we were preparing our notes for today's show, I noticed that we got |
1:35.9 | different reads, I think, from this business. And that's great, because we don't often disagree |
1:40.9 | on it. |
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