TWIST 24 - Cloudflare and WeWorks IPOs: What You Need to Know (Sep 6, 2019)
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🗓️ 6 September 2019
⏱️ 9 minutes
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| 0:00.0 | This week in Steady Trade with Tim Bowen. |
| 0:02.6 | Why don't you just shut the hell up? |
| 0:06.1 | Welcome back to this week in steady trade. |
| 0:09.8 | It's a recurring theme, but I think it's an important one that offers a lot of signs of where we're headed, as well as trading opportunities. |
| 0:18.5 | But we're talking IPOs again. |
| 0:20.7 | So 2019 has been the year of the IPO, whether it be Beyond Meat or, you know, a ton of these big movers. |
| 0:29.6 | I mean, Beyond Meat is known for being one of the biggest of all time. |
| 0:34.6 | We've seen Uber, Lyft, Pinterest, you know, a ton of these companies. |
| 0:40.5 | Some of them have done well. |
| 0:42.1 | Obviously, some of them have done less than well, like the Uber's and the Lyfts, but they |
| 0:47.3 | still offered plenty of trading opportunities. |
| 0:49.0 | And the one I want to talk about today is the latest, well, actually the latest two that |
| 0:54.0 | are upcoming. and primarily we're |
| 0:55.7 | focused on cloud flare. Cloud fare is, you know, from their website, a scalable, easy to use |
| 1:03.4 | unified control panel to deliver security, performance, and reliability for on-premise, |
| 1:09.3 | hybrid cloud, and SAAAS software-as-a-service applications. |
| 1:14.1 | Really, what it boils down to is, I mean, to me, Cloudflare hosts most of the internet. |
| 1:20.1 | A significant majority of websites are hosted with Cloudflare, the Steady Trade website, |
| 1:25.8 | the Stock to Trade website, are hosted with Cloudflare using Cloudflare's technology. website the stock to trade website are hosted with cloud flare using cloud |
| 1:29.2 | flares technology i really think of them as the plumbing of the internet and the simple fact is |
| 1:35.9 | you can go over the stats um they're losing money i mean most of these speculative companies are at |
| 1:42.9 | this point cloud fair uh reported a loss of $86.1 million on revenue of 192. |
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