View from Seed

NOVEMBER 18, 2020

Everybody has known that for awhile, even without perusing a prospectus. To be clear Airbnb posted a GAAP profit in Q3 2020 of over $200M which is impressive given travel remains materially depressed due to COVID. But even with this profitable Q3, on a trailing twelve months (TTM) basis Airbnb has a GAAP net loss of >$1 billion.

North America 401

North America IPO Prospectus Europe 401

Startup Professionals Musings

SEPTEMBER 11, 2017

Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company. According to a recent Ernst & Young global report , the first half of 2017 was the most active first half by global number of IPOs since 2007.

IPO 218

IPO SEC Prospectus Technical Review 218

Startup Professionals Musings

AUGUST 31, 2019

Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company. Too many startups have experienced early financial losses and technical glitches, like Uber and the Zynga IPO a while back, which antagonized individual investors and startup executives as well.

IPO 210

IPO SEC Prospectus Startup 210

Startup Professionals Musings

FEBRUARY 1, 2015

Smart entrepreneurs now avoid this option like the plague, due to its unpredictability and the challenges of running a public company. According to a recent Ernst & Young global report , 2014 was a strong year with IPOs actually outperforming other indices by 10 percent.

IPO 120

IPO SEC Prospectus Startup 120