Taking Stock of the Big Tech IPOs of 2019

The video discusses the recent performance of IPOs, focusing on Uber and Lyft. It explores pricing strategies, investor excitement, and the impact of market trends. The analysis includes a comparison between direct listings and traditional IPOs, highlighting the role of investment bankers. The video also examines the competition between Uber and Lyft, their market strategies, and the potential impact of the trade war on IPO markets.

What is a potential downside of underpricing an IPO?

• Increased investor interest

• Leaving money on the table

• Improved company reputation

• Higher stock volatility

How did Uber's IPO pricing compare to initial expectations?

• It was higher than expected

• It matched initial expectations

• It was lower than expected

• It was not publicly disclosed

What is a key difference between direct listings and traditional IPOs?

• Direct listings raise capital

• Direct listings involve less regulatory scrutiny

• Direct listings are only for tech companies

• Direct listings do not raise capital

What market condition is favorable for IPOs according to the transcript?

• Rising interest rates

• Increased certainty

• Low performance

• High volatility

What new service did Uber announce in Nigeria?

• A bus service

• A bike-sharing service

• A boat service

• A food delivery service

What is a major focus for Uber and Lyft in their competition?

• Expanding into new countries

• Reducing subsidies

• Increasing market share

• Developing new technologies

How might a resolution to the trade war affect the IPO market?

• It could increase market volatility

• It could decrease investor confidence

• It could propel the IPO market further

• It could lead to more direct listings