[🛑 IPO] Dream

Investing and Markets 📈
21

The point still stands, and it’s an interesting one! :+1:

There is a new accounting rule that makes Alphabet disclose the fair value for its private stock holdings in earnings reports, starting this year. I recall this value was over $10 billion in the previous report - I haven’t looked at the latest one yet.

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22

@saf
FT was redacted, wanting a subscription, but I can’t see it being too different to the views here Saudi Aramco’s $2 Trillion Zombie IPO https://www.bloomberg.com/news/articles/2018-07-07/saudi-aramco-s-2-trillion-zombie-ipo

If it happens, I want in, but finding a broker that can offer it might be difficult.

Regards

Vik

[Sent via an iDevice]

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23
  1. FreeTrade, 2. Tandem - Invested 50% of my savings in to these 2 companies :slight_smile: Tandem not doing that great at the moment.
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24

Tandem topped 100,000 users in 5 months:

https://tandem.co.uk/blog/2018-so-far/

Things are looking up, guess we’ll know more later this year.

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25

CapitalG has invested in AirBNB, Stripe, Robinhood, Lyft, Snap, Cloudflare, and a whole load of other popular startups.

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They already reached 250k customers and planning to launch mortgage product soon, I think!

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Doing better than Starling then. Maybe my £30 isn’t lost!

ヽ(⌐■_■)ノ♪♬

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29

I really hope so, also they gave a chance to invest recently (only for existing investees) as the value of shares reduced massively.

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30

Couldn’t give a poopsie about any of these unicorn startups. All I want is @freetrade_team to take it to the moon.

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31

Nicely said :wink:

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@ss2302 while we all want Freetrade to do brilliantly, 50% of your savings in it and Tandem is quite concentrated. Remember what uncle Toby says Diversification: why it matters - diversification is the only free lunch in investing

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If only that article came out before the crowdfunding round :grin:

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I guess the way to fix the situation is invest a lot via Freetrade in other things :slight_smile:

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I like the ethos of concentrate to accumulate capital and diversify to protect it. It all depends on the age, time horizon and financial position of the individual.

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37

And I don’t just mean this:

giphy

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38

yes indeed - I might be guilty of seeing it through the lens of my own age, risk appetite etc.

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You might find this interesting :wink:

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Uber is pressing pause on its self-driving trucks too Why Uber put the brakes on its self-driving trucks | MIT Technology Review

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Yikes - much as I like the Freetrade concept that’s a bold strategy. Mind you I was big in RBS in 2008… :face_vomiting:

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I switched my credit card to tandem and get 0.5% cash back on purchases. No problems with them so far. Wish I could make repayments in the app though.

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