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TradeGM Analysis
Cryptocurrencies took the finance world by a storm when they first emerged. As you may already
What Are LUPA Stocks?
Also known as PAUL stocks, LUPA stocks have grown to be an important pillar in the economy of the 21st century. LUPA stocks stand for the brands behind it: Lyft, Uber, Pinterest, and Airbnb. All four companies were born into the app generation of businesses, funded either by private equity money or venture capital. The LUPA companies were all created as mobile-apps and are mainly used via mobile.
All four companies are public, meaning their shares are traded on stock exchanges. Lyft went public first on March 1st, 2019. It was followed by Pinterest; the company started trading on the New York Stock Exchange on April 18th, 2019. Not long after that, Uber went public in May 2019. Airbnb went public in December 2020.
Why Are LUPA Stocks Important?
All four companies are estimated to have valuations of more than $1 billion. The organizations behind these businesses have changed the way we live, work, travel, and entertain ourselves. They have blended into society so deeply and seamlessly that we consider them the norm of our everyday life. We are no longer shocked at the rapid advancement of technological innovation.
Commonly, these companies are called “unicorns.” The companies have grown exponentially over a very short period of time, mostly with the assistance of private investors from Silicon Valley. Due to their high values and exponential work to grow brand awareness around their products, the companies were very much anticipated on the stock market.
Let’s learn more about these stocks…
Lyft
Lyft was launched in 2012 by programmers Logan Green and John Zimmer, who wanted to create a comfortable and safe service to get a ride wherever they need to go. The founders said that their mission is “to improve people’s lives with the world’s best transportation.”
In 2018, Lyft disclosed that it had a net loss of $911 million on $2.2 billion in revenue and may not achieve profitability. The company Fidelity Capital Markets holds more than 7% of the company’s non-public shares; Lyft’s current price share is $53.64.
Uber
Uber is Lyft’s main competitor as both are the ride-sharing industry, but Uber has existed for far longer – for over a decade since it was formed in 2009 as UberCab. The company was created by Travis Kalanick and Garrett Camp; Uber operates internationally and since its inception has expanded into other businesses such as food delivery (Uber Eats). Unfortunately, the company has faced backlash due to unfair labor practices that lead to multiple lawsuits and several cities dismissing or even banning the service. This led to co-founder Travis Kalanick stepping down in 2017 to be replaced by former Expedia CEO Dara Khosrowshahi. Uber was most recently valued at $120 billion. Currently, Uber’s share price is $59.04.
Pinterest is a San Francisco based company that was created by the entrepreneurs Ben Silbermann, Paul Sciarra, and Evan Sharp in 2010. The platform reaches 250 million people each month. Pinterest is a social media platform that allows image sharing, videos, and gifs that can be organized on pinboards.
Pinterest is commonly used for advertising and leading users to their websites. The company reported being worth over $10 billion, with every share being $81.85.
Airbnb
Airbnb is an online marketplace for vacation rentals that is based in San Francisco, California. It was created by entrepreneurs Brian Chesky, Joe Gebbia, and Nathan Blecharzyk. While Airbnb can be accessed via its website, most clients use the companies app. Airbnb provides holiday and rental properties, as well as touristic experiences in over 81,000 cities and 191 countries.
Similar to Uber, Airbnb has faced some controversy with some cities restricting the company’s ability to operate. Airbnb has brought an entirely new niche to the world of hospitality. Since the company’s inception, numerous investors have turned to buy affordable, well-located properties to rent them on a short-term basis to tourists, families, and business travelers. The company is worth $18 billion. However, the COVID-19 pandemic caused Airbnb’s revenue to plunged as much as 80% in the spring of 2020, and its founders had to lay off 25% of its workforce.
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