Let them eat IPOats

This week everyone is talking about IPOs with both DoorDash and Airbnb debuting this week.

As the largest restaurant delivery provider in the U.S. DoorDash has beaten off stiff competition from rivals like UberEats and Postmates, in the battle of the delivery giants.

Airbnb is the other highly anticipated IPO as financial analysts mull over its future in the era of COVID and government regulations. Regardless, Airbnb has always been a source of inspiration for community members, and even has its own dedicated topic.

Tis’ the season of Tech IPOs as C3.ai (enterprise AI) will also debut, with Wish (e-commerce) following next week. We’ve also heard rumblings that Affirm (buy now, pay later) and Roblox (gaming) are also poised to go public, with dates unconfirmed.

What will we be investing in? Cereal. IPOats by Public.com is giving away 500 boxes of very real cereal to celebrate Airbnb going public. They’re inspired by the scrappy story of Airbnb’s early days as a startup; Airbnb sold novelty cereal boxes to pay down their credit card debt (so we’re told).

“They culture-jacked the presidential election that year by selling novelty cereal boxes (Obama O’s and Cap’n McCains) for $40/ea. The boxes flew off the digital shelves and the team was able to turn a $30K in profit in a matter of days.” - Katie Perry, VP Marketing at Public.com

If you want some tech-inspired cereal as part of your balanced breakfast, you can enter to win a limited edition box. 🥣

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