article thumbnail

Billionaires Are Buying Up This Millionaire-Maker Stock

The Motley Fool

on March 18, 2020. It expanded its food delivery business by acquiring Postmates in 2020, and it turned profitable in 2023 by exiting its weaker overseas markets and divesting its non-core divisions. Uber (NYSE: UBER) has taken investors on a wild ride since its IPO on May 9, 2019. million today. trillion by 2040.

article thumbnail

If You'd Invested $2,000 in QuantumScape in 2020, This Is How Much You Would Have Today

The Motley Fool

Why did QuantumScape's stock skyrocket in 2020? billion in late 2020 even though it hadn't generated any revenue yet. Based on its current enterprise value of $2.54 Its rally in late 2020 was largely driven by the stimulus-induced buying frenzy in meme stocks instead of the underlying value of its business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

The Motley Fool

Importantly, it has a history of making moves to help unlock the true value of its shares by making them more investable. In 2020, for example, it created Brookfield Renewable as part of its Brookfield Renewable Partners subsidiary. That's one of its highest valuations outside of the 2020-2021 period when the pandemic skewed results.

article thumbnail

If You Invested $2,000 in Nikola in 2020, This Is How Much You Would Have Today

The Motley Fool

Nikola (NASDAQ: NKLA) attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 4, 2020. Therefore, it's easy to see why Nikola's enterprise value shrank from its peak of $28.7 The electric semi-truck maker's stock opened at $37.55 a mere five days later.

article thumbnail

Could Serve Robotics Become the Next Nvidia?

The Motley Fool

A tiny player in a nascent market Serve Robotics was founded in 2017 within Postmates, the food delivery service acquired by Uber Technologies (NYSE: UBER) and integrated into Uber Eats in 2020. With an enterprise value of $384 million, it might seem ridiculously overvalued at more than 200 times this year's sales.

article thumbnail

AEA and Battery Ventures Sell Sensor Maker to Arcline’s DwyerOmega

Private Equity Professional

In December 2020, AEA Investors acquired a majority stake in PST, while Battery retained a minority interest. Following AEA’s majority investment in 2020, we have strengthened our presence in North America and established PST as a global, scaled market leader that is well positioned for long-term growth,” said Mr. Markin. “We

article thumbnail

After Active Ownership, Sterling Exits Frontline Road Safety

Private Equity Professional

Source: Frontline Road Safety Frontline Road Safety was formed in August 2020 by The Sterling Group as a new road safety platform. Since launching the Frontline platform in 2020, Sterling has been proud to support the companys tremendous growth and expansion, said Brad Staller , a partner at Sterling.