Thursday, December 10, 2020

DOORDASH and AIRBNB IPOs

why do the cooking when there is more money in delivery ... as in doordash ? 

         mkt cap $57B compared to Chipotle at $37B & Dominos pizza $15B

why own a property when there is more money in renting it on-line as in airbnb ?

        offering mkt cap $47B; EOD $100B

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you don't need to be a PhD in economics ...

to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....