Private Investing vs Public Investing = Tale of Failed IPOs
I posted this on Twitter, but thought I would also share on here as it really showed the difference between private investing and public investing.
Some companies that have market caps less than the total money they have raised:
• Bird ($120M mkt cap vs $1.2B raised)
• Wish ($810M mkt cap vs $2.9B raised)
• WeWork ($2.8B mkt cap vs $16.2B raised)
• Lyft ($5.1B mkt cap vs $7.3B raised)