On: Cloudflare S-1

[greatjack613]

Another unicorn strikes. Is it just me, or have all of these companies decided to do IPOs around the same time? I mean uber, lyft, we work, and now cloudflare. I wonder who's on the menu tommorow

[dsl → greatjack613]

If you started your filings in December of last year, right about now is when your public disclosures hit.

Why December? Because if you made less than a billion dollars in calendar year 2018 and filed in that year, you can carry over your "small business" (I don't remember the exact name) status to 2019. Under the JOBS act, qualifying businesses aren't required to disclose executive compensation and a bunch of other stuff.

[heavyheavy → greatjack613]

Maybe trying to get ahead of the impending recession?

[mergy → heavyheavy]

That was my first thought too.

[the_duke → greatjack613]

Maybe because the economy has been doing very well and a eventual downturn is inevitable, which makes this a good time for an IPO?

[frostyj → greatjack613]

Don't even compare Uber Lyft WE with Cloudflare..

[ahartmetz → greatjack613]

I also thought "emergency IPO before they won't be able to get a good price for years" for all of these.