Uber, Lyft IPOs Might Lead to Higher Fares [www.wsj.com]
Uber's IPO Valuation Makes No Sense [www.forbes.com]
Lyft Stock Just Keeps Crumbling - WTF Is Going On? [www.ccn.com]
The reason so many unprofitable companies are going public [theweek.com]
My piece on game theory and economic rationalization https://t.co/NL3NJSPf0k
— Eliot Brown (@eliotwb) April 22, 2019
Great take from @jeffspross on the significance of recent tech IPOs for the concentration of power in Silicon Valley. https://t.co/oMo3FI4u5t
— Marshall Steinbaum ?? (@Econ_Marshall) April 22, 2019
.@jeffspross has written a couple of the most (only?) cogent explanations i've seen of why so many persistently unprofitable tech companies are being valued in the billions. Here's his latest: https://t.co/7LeXukRbp2
— Bryan Maygers (@bmaygers) April 22, 2019