Snap, Blue Apron, and the Dangers of the Unicorn IPO

SNAP

  • (0:15) - Unicorn Companies: What Are They?
  • (1:45) - Snapchat and Blue Apron Dismal IPO Debuts
  • (3:00) - What Does This Tell Us About Unicorn Companies?
  • (5:30) - Episode Roundup: Podcast@Zacks.com

On today’s episode of the Tech Talk Tuesday podcast, Ryan McQueeney takes a look at Snap (SNAP - Free Report) , Blue Apron , and the dangers of the mysterious tech unicorn IPO.

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A unicorn is technically any private company that is valued at over $1 billion. The term was coined to acknowledge the rarity of this achievement, and in today’s world, the vast majority of the private companies on the exclusive unicorn list are somehow connected to the broad tech industry.

Both of these companies are, of course, players in the broad tech sector. Snap is a growing social media brand, and Blue Apron is just as much of an e-commerce marketplace as it is a food company.

So what might their struggles tell investors about private valuations, unicorns, and newly-public companies? Make sure to tune into this week’s Tech Talk Tuesday to find out!

As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.

As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!

Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

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