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A comment on Fiverr IPO’s at $700M valuation.

Re:Fiverr IPO’s at $700M valuation by smallgovt on Thursday June 13, 2019 @03:14PM (#20177769)
It's crazy to me that a marketplace like this can be trading at 10x revenue w/ -50% net margins when a company like Blue Apron is trading at 0.2x revenue when they're turning the corner to profitability.
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Re:Fiverr IPO’s at $700M valuation by rossdavidh on Thursday June 13, 2019 @03:57PM (#20178085)
It is, in fact, crazy, but that doesn't mean Blue Apron is the one whose result is out of whack with the fundamentals. Quite the opposite, in fact.
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Re:Fiverr IPO’s at $700M valuation by pmart123 on Thursday June 13, 2019 @03:53PM (#20178059)
Well, to be fair, while Blue Apron's gross margin is expanding, it's operating margin is still negative and it has ~20% negative LTM sales growth the last few quarters.
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Re:Fiverr IPO’s at $700M valuation by ibarea277 on Thursday June 13, 2019 @03:47PM (#20178012)
If you're not zero margin, you can't scale the same way.
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