Move over FANG! There may be another acronym on investors lips in the New Year.
Rob Cox, the global editor at Reuters Breakingviews, says Spotify, Lyft, Airbnb, and WeWork - aka SLAW - will be the next generation of disruptive companies to watch.
“We think they’re going to be a great way to play a whole bunch of different ways that we think about working, that’s WeWork; the way we think about playing, Spotify, and the way we get around the world and have fun, whether it’s Airbnb when we travel or of course Lyft,” he said.
These start-ups, all of which are candidates to tap the public markets in 2018, are shooting to change more than the way people consume products, though. Spotify, for example, is reportedly looking to bypass the traditional IPO process entirely, eschewing underwriters, and list its shares directly on the New York Stock Exchange.
Cox says that would be a big blow to bankers.
“They’re going to lose out because this deal is going to go straight to market,” he said. “They are not going to underwrite the IPO, so they’re not going to get the 7 percent [fee] on the deal.”
Lyft meanwhile, which just hired a new vice president of investor relations, would be the first time investors get an opportunity to buy into transportation as a service -- an opportunity, Cox says, is disruptive in its own right.
For full interview [click here](https://cheddar.com/videos/the-tech-ipos-to-watch-in-2018).
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
Boeing continues their terrifying trend of having their planes fall apart mid-flight, inflation — checks notes — is still up and the future of AI looks terrifying. Cheery!
Food waste – uneaten scraps or leftovers sent to landfills – is responsible for 10% of global emissions. Mill, a new product from the co-founder of Nest, thinks technology can play a role in eliminating it.
By the time the 2024 election is over, be prepared to see some form of a recession – but this shouldn’t be as bad as what we experienced in 2020 or 2008.
International Master Alice Lee defeated grandmaster Irina Krush to win the American Cup – becoming one of the best women players in the world in the process – but she’s not stopping there.
You can track your sleep habits or heart rate, but how about your brain? Neurable's MW75-Neuro headphones turn your focus and productivity into data you can use to avoid burnout – here's how they do it.
