What price will the tech unicorns be selling at three years from the date of their initial public offerings?
That is the question investors ought to be asking before participating in the recent new offering madness. Lyft will go public on Friday and its main competitor, Uber, is slated to tap into the new offering market in a couple of weeks. The ride-hailing service is a prime example of a company looking to break into the new offerings market with a history of losses.
Here are several factors that many investors, in their quest not to miss out on the next Netflix (NASDAQ:NFLX) or Facebook (NASDAQ:FB), fail to consider. These issues could