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They Highly Caffeinated Luckin Coffee

Luckin Coffee (NASDAQ: LK) aims to be “the number 1 coffee company in China” and their staggering growth suggests they will get there. But will it be a pyrrhic victory? Some Positive Points Rapid Expansion: The pace of expansion at Luckin is hard to compare to what you might find outside of China. For instance…

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Fastly Joins the New Enterprise SaaS Group

The investor love affair with “developer friendly” enterprise SaaS is still in full bloom. The last entry into the market,¬† Zoom ($ZM), had a stunning debut. Our next contestant is Fastly ($FSLY) which is scheduled to price on Thursday night. We’ve been covering software infrastructure for 30 years. During the past ten (or so) it’s…

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Uber Promulgates Platform Platitudes

Uber Technologies (NYSE: UBER) wants to be positioned as a “platform” company so we’ll grant them their wish and evaluate them from that perspective. As an aside they filed their prospectus as “a prepackaged software” company. The deal will certainly get done as investors are keen to own the clear market leader in this space…

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Beyond Meat is a Little Fishy

Update:¬†Company increased its proposed price range to $23-25/share. Tyson announces the sale of their investment in BYND. They are expected to bring their own competitive products to market. Bears say “tough competition,” Bulls say it “validates the market.” Beyond Meat (BYND) is marketing their IPO right now. This is a great story to tell and…

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The Persistence of Pinterest

Our online world has some stalwarts – like Amazon, Google, Twitter, Facebook, LinkedIn. As Pinterest (PINS) debuts in the public markets, we wanted to take a look at what Pinterest really is and what it might become. As a user, I appreciate the visual discovery power of Pinterest. As a hobby, I build furniture and…

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Lyft Looks Like a Hot Mess

There’s been plenty written about the Lyft IPO (NASDAQ: LYFT) scheduled to price Thursday after the close and open for trading on Friday. Most of the commentary has been about whether or not the Lyft has the ability to make money and if so, what the margins might be. We did include a valuation section…

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