Remove Planning Remove Profit and Loss Remove Startups Remove Valuation
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WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors

PYMNTS

Following WeWork ’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. Potential investors wanted to know how those companies plan to turn a profit. WeWork abandoned its IPO plans after massive losses turned off investors.

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Coffee Startup Luckin Plans To Take On Starbucks In China

PYMNTS

Coffee startup Luckin plans to open 2,500 new stores in China this year to overtake Starbucks in the country. But the company recorded a loss of 800 million yuan ($116.34 Luckin plans to open a total of more than 4,500 stores by the end of 2019, which would overtake Starbucks, which has more than 3,600 stores in the country.

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To NPV or Not to NPV: That Is the Question

Fpanda Club

They tend to avoid losses and prefer to keep the things as they are rather than invest in risky innovation. Being a promising alternative to NPV, real options valuation has not been widely adopted by the companies neither in its initial version, nor in modified ones.

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WeWork Remains Bullish Amid $1.9B In Losses

PYMNTS

On-demand workspace startup WeWork has secured significant funding from investors and has aggressive plans for global expansion, but the company’s losses are ballooning, according to reports in The New York Times this week. According to the company’s latest financial disclosure, the firm’s losses have hit $1.9

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Uber Aims For $90B IPO Valuation; PayPal To Invest $500M

PYMNTS

Uber , the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. It is also closer to the $76 billion valuation it had after its latest round of funding.

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WeWork Write-Off Triggers $6.5B Loss For SoftBank 

PYMNTS

billion loss on Wednesday (Nov. The $10-plus billion WeWork bailout — an investment chief executive officer (CEO) Masayoshi Son called an error in judgment — triggered a loss of ¥970 billion ($8.9 For the July-September quarter overall, SoftBank recorded a net loss of ¥704.4 Japan’s SoftBank reported a $6.5 billion yen ($6.5

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Lyft To Price Shares Higher Than Originally Planned

PYMNTS

Lyft , the ride-hailing startup that is gearing up for an initial public offering later this week, will reportedly price shares higher than the initial range due to strong demand on the part of investors. While there is a lot of interest in Lyft, there are also concerns about its lack of profitability.