Shares of DoorDash Inc (NYSE: DASH) popped nearly 100% in its Wednesday debut, a big win for IPO and pre-IPO investors. But the current valuation of nearly 10 times forward sales should give other investors pause. Those hunting for a better deal might also look at Waitr Holdings Inc. (NASDAQ: WTRH) which IPO Edge covered in this analysis. That’s according to IPO Edge Editor-in-Chief John Jannarone who spoke to Cheddar TV’s Nora Ali to discuss the deal.
The full interview is available here:
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