Yes.
Monday.com has just gone public and now anyone can buy shares in the productivity software giant.
Stock Ticket: MNDY
For analysis and information please take a look at Yahoo Finance.
DOGEcoin is a meme coin with no value at all. It seems like the Redditors on Wall Street Bets are doing a pump and dump, but its been just over a week now and dump hasn’t really happened.
It seems like the Buy and Hold game is on.
Loving the fact that this joke coin now has a market cap of $32 billion.
Spotify Acquires Locker Room and Announces Plans for a New Live Audio Experience
“Creators and fans have been asking for live formats on Spotify, and we’re excited that soon, we’ll make them available to hundreds of millions of listeners and millions of creators on our platform,” said Gustav Söderström, Chief Research & Development Officer at Spotify. “The world already turns to us for music, podcasts, and other unique audio experiences, and this new live audio experience is a powerful complement that will enhance and extend the on-demand experience we provide today.”
This makes perfect sense for Spotify and an area that I’m sure they are going to be strong in.
Clubhouse has performed well because everyone has been in lockdown, but I’m not sure it will perform as well on its own over the long term as people get back to their normal lives at the end of the summer.
I have found myself Tweeting a lot more over the past couple of months and getting more engagements and interactions on the platform. There seems to be something in the water at Twitter at the moment – as they seem to be going through a big change in innovation and launching more and more product (Twitter Spaces is a great example of this).
I would love to see Twitter Space become its own standalone app (as currently it is quite hard to find who is talking, when and where). Twitter also recently acquire a Newsletter company, so it seems like they are now trying to make a conscious effort to push through monetization for creators in all shapes and forms.
Great moves overall… Im very bullish on Twitter over the next 10 years.
(at the time of writing this Twitter has a $48 billion market cap with $3.7 billion in revenues over the last 12 months). In 10 years I can easily see Twitter being a $300 billion market cap company.
Currently – No.
Webull is currently only available in the US, Brazil, Japan, and India and is yet to go live in the UK.
However, it is only a matter of time before it makes its way to the UK.
Deliveroo is planning to go public at a valuation of around $7 billion USD. Here is a quick breakdown of some of their numbers that have just been released.
These number make for hard reading, but it seems like there is a real path towards profitability – but it feels like it is going to really require mass scale of nearly £10 billion per year in GTV to get there.
However, Deliveroo have the ability to start new product lines and delivering in other areas as well as corporate contracts, plus geographic expansion.
Technology stocks are currently dropping fast – so it will be interesting to see if there is an appetite on the London Stock Market for a heavy losing technology company with growing scale.
Wallstreetbets is a sub-reddit where they wanted to try to build a community to for the big short sellers out of certain stocks, but what they didn’t realise is that they can really kill these companies with the power of the retail investors.
Short Seller percentages of outstanding stock:
Most companies tend to be below 2% in short sellers.
At the time of writing this GME is up to $337 per share (up 128% in one day) and AMC 19.35 per share (up 286% in one day).
The community seems to be using their retail power to try to force these short sellers out of the market and make them bankrupt.
Stick it to the man!
Tesla shares have finished the day at 21.06% down. This is the biggest single day share decline for the company in its history.
Why this matters: Tesla is a company going after a big dream. However, it also seems to be the company that is riding a very high valuation based on very little fundamental numbers being it. Revenues have increase 14% in the past 12 months, but the share price has increased 573%.
My views: I love the company and I love what they are trying to achieve, but it seems like they have become the poster child for a heavily overpriced stock market based on poor fundamentals.
Yes – Xiaomi listed on the Hong Kong stock market under the ticker (1810.HK)
Yes – Xiaomi is a profitable company at the time of writing this article. Xiaomi generated $1.1 billion in Operating profits for the year end 2019.
There is very little difference between Berkshire Hathaway’s BRK.A and BRK.B shares.
BRK.B shares were created because Warren Buffett noticed that the BRK.A shares were growing considerable high is cost per share and that these shares were less obtainable by the average retail investor and could only be purchased by either very wealth individuals, unit trusts or mutual funds.
Thus, Warren decided to create BRK.B shares to provide the average investor with the opportunity to purchase shares in Berkshire Hathaway without the huge cost associated with BRK.A.
There are other very small differences, but the above is the only one that really counts.
Asana is one of the world’s most popular project and task management software (we use Asana in our office). A week ago Asana filed to go public on the New York Stock Exchange.
Instead of an IPO – Asana has elected to file for a direct listing (which means that they aren’t selling any new shares in the listing only the existing ones).
By the numbers:
Get share price down, for public companies. Still an issue today. Apple at $1000+ makes each share hard to buy for smaller investors.
Match a typical IPO share price, pre-IPO. Start-ups still like to IPO around $15-20 per share, plus or minus. This gives room for a “pop” and a share price still well under $100. If your private, pre-IPO share price is say $40, then a 2-for-1 forward split will get that down to $20, with the same economics for each shareholder and employee.
Apple and Tesla are both splitting their stock at present. This is to really drive some demand with smaller investors and allows them to have ownership over a great number of full stocks.
It has been confirmed that Berkshire Hathaway Inc’s energy unit will acquire Dominion Energy Inc’s natural gas transmission and storage business for $9.7 billion.
This puts Berkshire Hathaway Energy into a very strong position in the market.
Potentially, this is why Warren Buffett has been holding onto an extra large cash sum? Maybe not.
Bill Ackman is a very interesting person in the world of investing. Below is a great interview with Bill that talks about everything Pershing Square, hedge funds and learning from your mistakes. There are a lot of great quotes inside this interview.
Bill Ackman is an investor that many people across the world follow. Here is an interested snippet from an interview with Bill (not sure the date), but it provides an idea on what type of companies Bill really wants to invest in.
Here is the key difference.
Alibaba is a marketplace. They do not own the inventory of the merchandise sold. They put buyers and sellers together. Buyer and seller agree on terms online via their platform or offline.
Amazon’s main business is they own the inventory, and sell directly to the customer.
Both models have their Pros and Cons. Amazon has also turned into a very strong third party seller platform in recently years, but they still like to control a lot of the fulfilment.
No.
At the time of writing this article Alibaba (BABA) has a market cap of $545 billion.
Source: Yahoo Finance (BABA)
Spotify raised a total of $188 million from venture capital and private equity companies before its IPO.
Series A, 10/08 $21.6M
Creandum
Northzone
Li Ka-shing
Series B, 8/09 $50M
Wellington Partners
Li Ka-shing
Series C, 2/10 €11.6M
Sean Parker
Founders Fund
Venture Round, 6/11 $100m
Kleiner Perkins Caufield & Byers
Accel Partners
Digital Sky Technologies
If you searched for Xiaomi ADRs, you’ve inevitably come across both XIACF and XIACY. What’s the difference? You cannot trade XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only. QIBs want and contribute to the 25x higher average trading volume than XIACY. Volume ensures there are enough buyers and sellers to trade with you. Information and services are also limited to QIBs.