Postmates, confidentially, filed the paperwork for an IPO with the Securities and Exchange Commission in February, positioning it to go public before the end of the year. Wedbush’s Daniel Ives covers consumer tech companies and goes into detail how WeWork’s problems, can cause investors to exercise more causing caution for startups like Postmates that maybe lacking profitability.
For more on Daniel Ives comments: Unicorn startup Postmates had planned to file to go public in September. Then WeWork happened, and now its IPO is MIA
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