[agrajag]

This is some serious cherry-picking. It's going private at a price below the initial IPO price of $48 from 3 years ago, and has generally significantly underperformed other tech stocks.

They might not be about to die, but they're not exactly healthy either.

[_2d30]

Me, demonstrating sustained performance over last 2yrs: cherry-picking.

You, choosing IPO price from the frothiest IPO environment of the last decade: elevated, rigorous, robust to outliers.

[CobrastanJorji]

Okay, well, we can settle an accusation of cherry-picking pretty easily. Why did you pick two years?

[_2d30]

Because it's an extended period, with a simple round time window that doesn't include the IPO pop from the frothiest IPO environment of the last decade. Happy to have gone with any time window outside of 2021. That should be clear from my comment.

"But, Creddit", the ignorant accuser of cherry-picking whine, "why after 2021?"

Because as anyone in tech knows, that was the frothiest IPO environment of the last decade. Source for those who aren't aware: https://site.warrington.ufl.edu/ritter/files/IPOs-Tech.pdf

[cityofdelusion]

Square space IPOd in a borderline delusional environment of retail investing, stimulus money, and massive free cash flow. Pretty much every IPO from that era looks awful on paper, but the companies are fine balance sheet wise.