2020 was a record year with over $140 billion raised via 383 IPOs and the DoorDash IPO is set push these numbers even higher. The DoorDash IPO is scheduled to take place today, on December 8th, a month that's usually quiet for public debuts but with how the market is boiling hot right now, it doesn’t really matter. Here is my bottom line about this Initial Public Offering: DoorDash is a good company with 18 million customers. DoorDahs provides a valuable last-mile product transportation service to local retailers in the U.S., Canada and Australia, mainly food and retail deliveries. It has over 390,000 merchants and it will get the symbol DASH on the New York Stock Exchange, but I think the current valuation of about $30 billion is way to high and at $90 per share, this IPO is overvalued and I am not going to buy any shares unless it comes down to about $55 - $60 per share.
Watch the full video showcased during my analysis on Slidebean: Startups 101 Youtube channel here:
https://www.youtube.com/channel/UC4bq21IPPbpu0Qrsl7LW0sw
Everything you see and hear in this video is my own personal opinion and may be inaccurate or completely wrong. This video is purely for entertainment purposes and is not intended to be an advice of any type. These are my thoughts and opinions and in case you intended to invest in the stock market, please speak to your financial advisor first.
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Watch the full video showcased during my analysis on Slidebean: Startups 101 Youtube channel here:
https://www.youtube.com/channel/UC4bq21IPPbpu0Qrsl7LW0sw
Everything you see and hear in this video is my own personal opinion and may be inaccurate or completely wrong. This video is purely for entertainment purposes and is not intended to be an advice of any type. These are my thoughts and opinions and in case you intended to invest in the stock market, please speak to your financial advisor first.
Become a channel member to get access to members only feed and videos: https://www.youtube.com/channel/UCJwKCyEIFHwUOPQQ-4kC1Zw/join
👏👏👏 Big shout out to our growing list of Patreons as well. For those of you want (and can) support our channel, here is how you can become a Patreon of the channel and help support what we do for the community: https://www.patreon.com/user?u=13016082
If you would like to support the channel by buying merch, you can do that here (allegedly:)): https://teespring.com/stores/tom-nash-merch
How are they trading at $183 now??? Waaaay over-valued!
Thank you Tom for your honest analysis, thank you 🙏
No Bullshit!!
Valuation dropped 1 billion in 4 weeks
congratulations on 100,000! theta and theta fuel please
theta and theta fuel tom love your show! blah blah blah
always a great tom! what do you thk about THETA and theta fuel
amazing to have the video start with a tl;dr, this is how youtube should be !
Congrats on 100k Tom. You really deserved it buddy. I can tell how much work you put into every video. I appreciate you actually doing the research. Some YouTubers just copy other YouTubers ramblings. Cheers for not being "that guy" lol
You should not only say "I don't take bull S#!# from any one" you should also add "I dont BS". Summary of video in the very beginning, no BS. That is the reason I watch every video of your's. Congrats on 100K!
Someone please answer my simple question. — can I buy and sell IPO stocks on the same day the IPO , Thanks
Overhyped overhyped overpriced. I’ll wait
What do you think of Xpev and NIO ?
100k Subs a few days ago… CONGRATS TOM!!!!! KEEP DOING WHAT UR DOING…. and 102k Subs days later…… i thikn u will have 1M Subs in a few years tops if you keep up these amazing vids!!!!! your killing it!!!!!
agrEd.. & DD is the Qlst of all gig cos.👋
What is going on with the market? 180 dollars per share?
They are at $200 now!! I'll wait for this to settle…
Can you review Marijuana stocks and what stocks you would recommend
How does your DCF take into account growth past 2024? Your DCF is projecting fairly strong growth 2023 -> 2024
Gives it to you in the intro
Thanks
good video but you repeat yourself way too much
It will go IPO on 102 USD even I read today… insane
Congrats on 100k!!
Congrats on the 100K subs. You provide incredible value in every video.
So buy puts? I'm in!
"Hella over priced" hahaha you go Tom Nash! Keep it up brother!!!
Who wants “Having Said That” merch?