How an Unprofitable Company Went Public with a $60 Billion Market Cap | AWM Insights | Financial and Investment News - a podcast by AWM Capital

from 2020-12-15T17:34:18

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Some of the biggest financial and investment news from the last week includes DoorDash – a food delivery service – reached a $60 billion market cap, even though the company isn’t currently profitable. Will it get to profitability? Why are IPOs like this and AirBnB ending up with such unexpectedly huge valuations?

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