2018 was initially anticipated to be a "monster" IPO year. However, some of the companies investors were most excited to have go public like Uber, AirBnB, and Pintrest, have already announced they will not go public in 2018. But not all hope is lost. Spotify and Dropbox have filed to go public. How will 2018 measure up to 2017 for IPOs?
Barrett Daniels is the CEO of Nextstep Advisory Services and he joins Cheddar to explain why he thinks 2018 could still be a great year for tech IPOs. Daniels says investors will be looking towards Dropbox to set the tone for IPOs in 2018.
Daniels explains that investors have become more intelligent when it comes to big-name IPOs. Tech companies can no longer expect to go public with a flashy name and brand recognition. That is why Daniels is more confident in Dropbox. Daniels believes in Dropbox's strong margins and profitability.
Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.
Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. While the number of all car-related fatalities has trended upward over the last decade, pedestrians and cyclists have seen the sharpest rise: over 60% between 2011 and 2022.
