Uber IPO: Why This Could Be A Mythical Unicorn
May 13, 2019
If you’re planning to pop the champagne corks as Uber becomes the third-largest IPO on record in what’s being coined the “stampede of unicorns,” it might be worthwhile disregarding the bombastic puffery and taking a step back from the herd.
From the late 1990’s to 2002, dot-com hysteria spelled boom and then game-over after the failure of numerous tech stocks with excessive stock equity valuations crashed, leaving millions of investors seriously out-of-pocket.
As 2020 comes into the picture, The Edge (who provide expertise in Spinoffs and special situations as well as sourcing underperforming companies for activist involvement) believes investors could well be facing yet another round of companies gearing up for failure.