Why You Might Want to Stay Away From Tech's Three Biggest Unicorns
Spotify, Uber, and Lyft are three of the biggest unicorns out there, and there's been buzz about them possibly going public for years. But all three companies have some pretty serious red flags that investors should know about.
In this week's episode of Industry Focus: Tech, analyst Dylan Lewis and contributor Evan Niu, CFA, examine all three companies and explain the biggest issues they're facing. Find out why Spotify is losing money even as its subscriber base grows exponentially, why Uber's growth strategy is unsustainable, how Lyft and Uber might someday work up to profitability, and more.
A full transcript follows the video.
Source: Fool.com
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