FEAC enjoys 90%+ gross margins and operating leverage-> Currently, even with the recent increase, Skillz is valued at just $5.9bil, or just 26x 2020E revenues.
When the market was down I saw good RS out of SFT that was an opportunity to sell off....
WATCH BCRX... I thought they had an FDA meeting this week... We own this....
Sounds good, I'll have to look though.
Competition for GrowGen it sounds like.
Here's LAZR:
The Funded: Luminar ready for Wall Street debut on Thursday
By Cromwell Schubarth
TechFlash Editor, Silicon Valley Business Journal
Dec 2, 2020, 12:21pm PST
Updated Dec 2, 2020, 1:51pm PST
Lidar unicorn Luminar Technologies Inc. is set to make its debut as a public company on Thursday after its merger with Beverly Hills-based Gores Metropoulos was approved.
The Palo Alto company led by founder and CEO Austin Russell is slated to get $406 million in cash from the "blank check" company and another $184 million from existing investors, who include venture capitalist Peter Thiel, Volvo and GoPro Inc. founder Nick Woodman.
A video interview I did with Russell and Alec Gores of Gores Metropoulos can be seen during Thursday's Upstart Tech Trends 2021 virtual conference. Read more.
Luminar is the third Bay Area autotech company to go public this year in a merger with a special purpose acquisition company, following a pair of San Jose companies — Velodyne Lidar Inc. (NASDAQ:VLDR) at the end of September and battery innovator QuantumScape Corp. (NYSE:QS) on Friday.
Two more autotechs — Mountain View lidar unicorn Aeva Inc. and Campbell-based EV charging network business ChargePoint Inc. — have announced plans to merge with SPACs early in the new year.
Luminar will trade on Nasdaq with the ticker symbol LAZR.