Lot of startups who are yet to make profits are filing for IPOs globally. I'm reading the filings and the language is terrible. A few tips on how to do it right.

Here are the right terms to use instead of the current antiquated language.
We are making losses.

"We've been consistently making negative profits and growing year on year."
We don't yet have a business model.

"We're innovation leaders in several fast growing market segments"
Losses will increase for the foreseeable future.

"Blockchain"
EBITDA is negative

"Our future adjusted EBITDA margin is consistently positive"

We Work got it right with their Community adjusted EBITDA
Revenues aren't growing

"We think once Elon reaches Mars the, TAM will double and we'll be a near monopoly in Mars"
Too much competition, commoditized product

"We don't believe in nonsense like revenues or profitabilty. This is our competitive moat"
Business model may not sustainable

"Blockchain"
Revenue visibility is uncertain

"If you discount 2200 earnings, out valuations factor all uncertainties offering investors the best value in the sector"
Product offerings aren't differentiated

"We use AI & ML for everything, including our employee ID cards"
Business may not survive with more capital

"We will continuously offer exposure to innovative business models based on AI, ML, Blockchain to investors by trapping the markets will follow on innovating stock offerings"
Burn is high

"We continuously invest at the cutting edge of humanity to unlock new frontiers"
Blockchain

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Not dead...yet.

Not dead...yet. Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @passivefool

19 Jul
Long term bear warns it's dangerous to invest.

Shocked, I'm really shocked!

2021
It's too dangerous!

2019
Run forest, run! Or to the forest!

2018
Read 6 tweets
10 Jun
A short inspirational thread

Found out a surprising thing yesterday. My uncle had after working in a small company for about 35-40 years retired recently. He's from a typical middle-class Indian family and didn't have much in terms of property, money etc.
He's not well educated and had just passed his 10th and he's worked for most of his life doing odd things before settling at his last job.
So the question of retirement expenses came up and we were generally talking about it as we were cleaning up his old books and files. In the middle of this, I found a bunch of old paper certificates. He
Read 21 tweets
1 Jun
A story of an investor

Gets first salary

Decides to invest

Googles " how to invest" & finds a Moneycontrol article "These stocks can up 30% in short term"

They don't

Writes a blog title "the stock market is a scam"

Sees a P&L screenshot from a 17-year-old trading mentor
Signs up for an options seminar

Makes some profits

Tweets some Jack Shivajinagar quotes

Gets buggered by a malnourished Black Swan event & loses everything

Tags PM, FM, CM asking them to protect "innocent retail investors"

They don't
Gets a reply from a crypto guy saying "this is why you should crypto bro"

Updates the "stock market is a scam" blog

Invests in $ASS coin & $CUMMIES

Loses 90%

Mom finds out
Read 6 tweets
15 Mar
Pretty much all personal finance books, blogs, podcasts I've come across can be summarized as:

1. Start saving early
2. Spend less, save more
3. Don't take debt
4. Avoid credit cards. Use them only if you can manage them
5. Avoid stock picking. Stick to low-cost index funds
6. Don't tinker with your portfolio frequently
7. Rebalance your portfolio -regularly/annually, etc
8. Avoid thematic funds, hot funds, fancy structured products, commodities, etc
9. Don't do market timing
10. Avoid bank RMs and insurance salesman
11. Have a funny money account. A small part of your portfolio where you do dumb and crazy shit.
12. Get health insurance and term insurance
13. Simple always beats complex
14. Have a will
15. Budget your expenses. Don't budget as long as you save enough
16. Asset allocation
Read 8 tweets
13 Mar
We are in a structural bull market
We see favorable valuation in select pockets
We're sticking to competitive franchises with strong earnings growth
We're selectively buying at this juncture
We're cautiously optimistic about the global economy

economictimes.indiatimes.com/markets/expert… Image
We're not bullish, but we're not bearish either
Markets have run up substantially but investors should invest as much as they can
Profit booking is not advised
It may be a bubble, but no one can say
We advise investors to continue buying on dips
Markets are frothy but not investing is a bad idea
Investors should continue their SIPs
Investors need to have a long term horizon
The India growth story is still intact
We analyze top-down but pick stocks bottom up
Read 4 tweets
21 Jan
Investors might make money or lose money in this rally. But all the snake oil salesmen and gurus will make a killing off all the unwitting traders and investors who are driven by greed and are desperate to make money.
Several scammy profiles have have 50K, 100K+ followers and are just blatantly peddling stock tips, options calls etc and all these traders and investors are flocking like flies to a piece of turd.
And it's working so far, but when this party ends, whenever it does, all the people who followed these illiquid small-cap gurus will be in deep trouble unable to find a bid even if they want to sell.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(