Re:WeWork parent pulls IPO following pushback: sources
by mmaunder on Tuesday September 17, 2019 @12:08AM
(#20991417)
I'm sorry, I'm an idiot. Wtf does "user re-authentication" mean?
They're counting MAUs as number of logins and not number of active users?
Re:WeWork parent pulls IPO following pushback: sources
by dangxiaopin on Tuesday September 17, 2019 @12:23AM
(#20991523)
I can only interpret that they are talking about logged in users with accounts. The users were logged out during the pre-IPO and that resulted in some double counting in their second post IPO 10-Q.
I was researching this because I asked myself a general question: "Why is the stock price of non dividend paying companies correlated to the performance at all?"
Re:WeWork parent pulls IPO following pushback: sources
by mmaunder on Tuesday September 17, 2019 @12:33AM
(#20991577)
Ah.
Amazon is a good case study for you. Didn't pay dividends for a decade or more. Reinvested everything. Pissed off analysts. And killed it.
In that world as long as you can keep delivering growth, you're good. Miss once and you're toast.
The lockup period does not expire till mid-october.
I read their 10-Q and found this gem about "user re-authentication":
"Users
MAUs at quarter-end were 300 million, representing growth of 30% year-over-year. This represents an acceleration in user growth, in part due to one-time changes to SEO algorithms and user re-authentication that impacted Q218. International growth drove the majority of global MAU expansion."