You ever wonder why you don’t hear any follow-up on those “just a fantastic business model” of disruptive tech well after their IPO’s? You remember them don’t you? The ones that were the “hottest news” of the mainstream business/financial media’s investment advice.
Don’t worry, for if you don’t, here’s just two representatives. One is a bit over a year old, the other is a bit more recent.
Now before I show you their most recent “pictures.” What you need to remember is that these two representatives were all released and resided as public companies during a period where the “markets” have never been higher.
So with that said, let’s see how they’re aging, shall we?
First Dropbox™. To wit:
Last, but certainly not least, is the one IPO that was supposed to be “the” representative of all that was “disruptive tech” aka Uber™. Again, to wit:
Funny how these are no longer even considered “news worthy” via that same press, yes?
But what do I know.
© 2019 Mark St.Cyr