One of the biggest IPOs in history... with no revenue
Update: 2021-11-19
Description
How the times have changed! It used to be you couldn't raise a seed round without some traction– now you can go public. Rivian, the company creating "electric adventure vehicles", just had one of the biggest public offerings in history. We will dive into how a company that doesn't even have a business yet could be valued at over $100 billion, electric vehicles generally, and the macro trends around speculative trading.
– PC
Links
Rivian announces pricing of upsized initial public offering
Disclaimers
I hold $TSLA and $LCID. This content is for informational and entertainment purposes only and is not financial advice.
This is a Hypothetically Great podcast.
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