IPO Alert: DoorDash Releases Confidential IPO Filing

Trouble viewing this e-mail? [Click here to read it online]( [Pre-IPO Secrets]( IPO Alert: DoorDash Releases Confidential IPO Filing By Ian Wyatt | November 13, 2020 DoorDash (private) is the biggest meal-delivery company in the U.S. This morning the company just released its [confidential IPO filing](. And it reveals plans to go public before the end of 2020. Shares could pop 30% - 50% in day #1 of trading. And that’s why these Silicon Valley insiders are [BUYING DoorDash Pre-IPO shares](. [Go here to discover the secret Pre-IPO backdoor](. DoorDash will be one of the biggest IPOs of 2020. The company plans to raise $2 billion from investors, according to a filing with the Securities & Exchange Commission. In June the company raised $400 million in capital from Durable Capital, T. Rowe Price and Fidelity. That financing gave DoorDash a valuation of $16 billion. Fidelity and T. Rowe Price knew DoorDash planned to go public in an IPO in 2020. In fact, the company had already filed its confidential IPO paperwork with the SEC back in February. Yet instead of waiting for the IPO – these firms invested millions and bought Pre-IPO shares. The latest DoorDash filing doesn’t reveal the company’s expected market value. Yet the IPO valuation could be at least $20 billion – a [25% premium to the June Pre-IPO](. The valuation of DoorDash has been soaring in the last couple years. Just check out this chart... [Click Here to Discover the Pre-IPO Secret]( [Alternate text]( SharesPost reports that the private value of DoorDash shares was $27 per share in 2018. And as recently as June the share price was $229. That’s a remarkable 733% increase in just over two years! [Go here for my #1 Pre-IPO to buy now](. Inside the Booming DoorDash Business DoorDash is the leading meal-delivery company in the U.S. During September, the company has a 49% market share in the meal-delivery business. That compares with a 22% market share for Uber and 20% for GrubHub. Here are DoorDash’s financial results for the first nine months of 2020: - Revenues grew 224% to $1.9 billion - Net loss shrank 72% to $149 million The company actually reported a $23 million profit during the second quarter of this year. DoorDash plans to start its virtual investor roadshow in late November. And the company is slated to go public in a mid-December IPO. The best investors aren’t waiting for the next big IPO. Instead, they’re scooping up private shares BEFORE a company goes public. [Go here to discover the next 690% Pre-IPO winner](. [Ian Wyatt]( Yours in Wealth, [Ian Wyatt] Ian Wyatt [Wyatt Investment Research] [Take a 7 day break from these emails]( [Unsubscribe from Pre-IPO Secrets]( [Manage your {EMAIL} preferences]( If you have any questions about your subscription, please contact Customer Care at 866-447-8625 or 802-448-8410. Monday - Friday between 9:00 a.m. and 5:00 p.m. ET Wyatt Investment Research | 65 Railroad Street | Richmond, VT 05477 USA Toll Free: 866-447-8625 or International: 802-448-8410 Web Site: [www.wyattresearch.com]( Email Customer Service: customerservice@wyattresearch.com Disclaimer & Important Information[WyattResearch.com]( is owned and published by Wyatt Investment Research. Wyatt Investment Research is neither a registered investment adviser nor a broker/dealer. Readers are advised that this electronic publication is issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. If you believe this communication to be a mistake or unsolicited, please forward this email to abuse@wyattresearchnewsletters.com and be sure to include details regarding your situation. We will be sure to promptly investigate your situation and get back to you within 4-7 business days. Copyright (c) 2020 Wyatt Investment Research. Wyatt Investment Research 65 Railroad Street Richmond, VT 05477 PO Box 790 [Terms]( | [Privacy]( | [Email Policy]( | [Compensation]( | [Disclosure]( [Unsubscribe]( | [Delivery Preferences]( [Facebook]( [Twitter]( [LinkedIn]( [YouTube](