View from Seed

NOVEMBER 18, 2020

Everybody has known that for awhile, even without perusing a prospectus. Airbnb’s bookings have rebounded to roughly 70-80% of what they were in 2019 pre-COVID whereas global hotel companies like Marriott and Hilton are operating at roughly 35-40% of where they were in fall 2019. Expedia 8%. Booking Holdings 35%. Hilton 17%.

North America 401

North America IPO Prospectus Europe 401

Startup Professionals Musings

SEPTEMBER 11, 2017

The reasons are a lot more complex than the meltdown of key investment banks in the US a few years ago, so don’t expect a big change in the numbers soon, even with recent stock market rallies. In addition, huge amounts of executive time are required, as well as hits to key operational, accounting, and communication processes.

IPO 218

IPO SEC Prospectus Technical Review 218

Startup Professionals Musings

AUGUST 31, 2019

The reasons are a lot more complex than the meltdown of key investment banks in the US a few years ago, so don’t expect a big change in the numbers soon, even with recent stock market rallies. In addition, huge amounts of executive time are required, as well as hits to key operational, accounting, and communication processes.

IPO 210

IPO SEC Prospectus Startup 210

Gust

JANUARY 31, 2013

Modern theories of economics and finance teach us that in a world of perfect information, the market will decide what a fair price is for any company’s stock at any point in time based on its current financial condition, results of past operations, analysts’ forecasts of future performance, industry conditions and so on.

SEC 158

SEC Prospectus United States Technical Review 158

Startup Professionals Musings

FEBRUARY 1, 2015

Yet they see warning lights flashing, based on a still fragile global economy, and volatile markets ahead. The reasons are a lot more complex than the meltdown of key investment banks in the US a few years ago, so don’t expect a big change in the numbers soon, even with recent stock market rallies.

IPO 120

IPO SEC Prospectus Startup 120

Startup Professionals Musings

SEPTEMBER 11, 2013

In addition, huge amounts of executive time are required, as well as hits to key operational, accounting, and communication processes. Startups are typically run by a couple of executives who are reluctant to disclose via the prospectus and SEC reports all the decision-making criteria, operational financial details, and compensation formulas.

IPO 242

IPO SEC Prospectus Startup 242

Startup Professionals Musings

MAY 29, 2022

The reasons are a lot more complex than the meltdown of key investment banks in the US a few years ago, so don’t expect any real change in the numbers soon, especially with recent stock market downturns. In addition, huge amounts of executive time are required, as well as hits to key operational, accounting, and communication processes.

IPO 245

IPO SEC Prospectus Startup 245