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agrajag | 1 year ago

This is some serious cherry-picking. It's going private at a price below the initial IPO price of $48 from 3 years ago, and has generally significantly underperformed other tech stocks.

They might not be about to die, but they're not exactly healthy either.

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creddit|1 year ago

Me, demonstrating sustained performance over last 2yrs: cherry-picking.

You, choosing IPO price from the frothiest IPO environment of the last decade: elevated, rigorous, robust to outliers.

CobrastanJorji|1 year ago

Okay, well, we can settle an accusation of cherry-picking pretty easily. Why did you pick two years?

cityofdelusion|1 year ago

Square space IPOd in a borderline delusional environment of retail investing, stimulus money, and massive free cash flow. Pretty much every IPO from that era looks awful on paper, but the companies are fine balance sheet wise.