16 min listen
Budweiser cancels biggest IPO of 2019, France passes a US tech tax, and Bird’s profitability drama
FromThe Best One Yet
Budweiser cancels biggest IPO of 2019, France passes a US tech tax, and Bird’s profitability drama
FromThe Best One Yet
ratings:
Length:
17 minutes
Released:
Jul 15, 2019
Format:
Podcast episode
Description
Earth’s biggest brew-glomerate, Budweiser-owner AB InBev, was planning the biggest IPO of the year by spinning off its Asia unit — that was suddenly canceled before the weekend. France unveiled a “tech tax,” but it really looks like a tariff on Silicon Valley. And scooter icon Bird is our “dramatic unicorn of the day” for a debate raging on its profitability problems.
Released:
Jul 15, 2019
Format:
Podcast episode
Titles in the series (100)
2019’s IPO profit problem, Restoration Hardware plummets 22%, and Brexit’s “big” day: Lyft popped 8% on IPO day, and it reflects a bigger theme with 2019’s tech IPOs: Profits don’t matter (yet). March 29th was circled for years on calendars — We’ll look at what happens now that it didn’t happen. And Restoration Hardware drops hard even though it’s betting on a unique new-old strategy. by The Best One Yet