The Startup that Already Invented What Facebook Wants to Be
August 11th, 2021
Of the 14 most prominent tech IPOs in 2019, only four newly minted stocks—Zoom Video, Pinterest, Fastly and Cloudflare—were above their first-day opens at the end of September.
Source: WSJ
On October 1, both Uber and Lyft’s stocks reached their lowest prices since they began trading earlier this year… Uber’s market cap is now at $49.6 billion and Lyft is at $11.6 billion, according to Yahoo Finance. The two companies were worth a maximum of $72 billion and $15.1 billion respectively according to private investors, before they went public.
Source: Crunchbase