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Published · transcript-backed

Ben Gilbert: belief

24 Apr 2019 Acquired The Pinterest IPO

“I think there was a lot of fear coming into this wave of IPOs, that those two things were going to be dramatically different, it doesn’t feel like they are.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
24 Apr 2019
Publisher
Acquired

Transcript context

…They obviously saw what happened with the aftermath of the Lyft IPO. They swung the pendulum hard the other way. I’m being conservative here. It’s interesting to know that we have another data point here of the public markets valuing companies within range of where their private markets have been. I think there was a lot of fear coming into this wave of IPOs, that those two things were going to be dramatically different, it doesn’t feel like they are. No. It feels like they have been, at the very least, priced appropriately in the private markets, maybe appropriately a couple of years ahead of the curve but not completely mispriced.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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