Uber, Lyft and Pinterest: Time to Buy?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 20 May 2019
⏱️ 16 minutes
🧾️ Download transcript
Summary
Learn why Uber, Lyft and Pinterest may still not be buys and why.
I suggest you listen to the following related podcasts:
047: What Makes Stocks Go Up?
529: IPO's in 2019
236: Snapchat Buyers Beware
235: When Should I Sell My Stocks?
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Transcript
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| 0:00.0 | Be wealthy and smart episode 566. If y'all know what I mean put your hands up and declare with me |
| 0:14.0 | Yeah, I'm full of bed |
| 0:16.0 | I'm gonna live the good life |
| 0:20.0 | I'm gonna live the good life |
| 0:21.0 | and beautiful and financial freedom without budgets, boredom or bosses on |
| 0:31.6 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:40.0 | I'm Linda P Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.3 | On today's show, we're going to talk about Uber, Lyft, and Pinterest. Is it time to buy? |
| 0:51.6 | This article comes to us from |
| 0:53.2 | cnbee.com and was written by Ari Levy and he called it |
| 0:58.0 | Uberlift and Pinterest proved that private investors are sucking up all the value. |
| 1:04.0 | And so I saw this article, I read it, I liked what they said, and I wanted to share this perspective |
| 1:10.1 | with you and add a little bit of my own as well. |
| 1:13.0 | So Ari has three bullet points here, three key points. |
| 1:17.0 | It says it's been a rough two years for consumer IPOs, |
| 1:20.0 | that's initial public offerings from snap in 2017 to Uber and Lyft this year. |
| 1:27.0 | Second key point, private market investors are generating all the returns which is exactly what the experts have |
| 1:34.0 | predicted for years. Third key point, Enterprise IPOs have performed much better |
| 1:39.2 | but even business software companies are starting to stay private longer. |
... |
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