logologo
  • ENG
    • Русский
    • English
  • All Investment Ideas
    $610 mln$1200 mln$1850 mln

    Postmates

    On-demand delivery platform
    OTC
    Medium risk

    Postmates valuation in 2016-2019 in $M

    Invest in Postmates

    Please, log in or sign up to invest in Postmates

    Investment Idea Details
    About the company

    Postmates is an urban logistics and on-demand delivery platform that allows users to ship any item within the city for same-day delivery. Its platform connects customers with local couriers, who can deliver goods from any store or restaurant in minutes.

    Postmates empowers communities to shop local with no waiting and businesses through Postmates API to offer delivery.

    According to TechCrunch, Postmates plans to make its IPO paperwork public in September 2019.

    Market Opportunities

    Postmates completes 5 million deliveries per month and expected to record $400M in revenue in 2018 on food sales of $1.2B.

    The company currently operates in more than 550 cities, recently tacking on another 100 markets to reach an additional 50 million customers.

    Online Food Delivery Market is valued at $66B in 2019 and is projected to grow at a CAGR of 17.3 % during the forecast period to a net market size of $91B in 2025.

    Risks

    Cohesity competes in on-demand delivery market and faces a strong competition from a number of firms, including Uber Eats and DoorDash. This may negatively affect its long-term viability and valuation.

    Illiquidity. There is a possibility that early exit from this investment will take more than 1 month.

    Asymmetric information. Management and current investors have access to more internal information about the company than other market participants.

    Financials and Valuation

    Postmates has raised a total of $681M in venture capital funding from investors, including Spark Capital, Founders Fund, Uncork Capital and Slow Ventures.

    Earlier this year Postmates has raised $100M in equity funding at a $1.85B valuation. New lead investors include BlackRock and Tiger Global Management. Shares of Postmates are currently trading at $9.85 per share on the OTC market, which is equivalent to $2.3B valuation.

    Given company’s rapid market expansion, we expect that Postmates annual revenue will reach $600M by the end of 2019. Public peer companies (GRUB, UBER) trade at ~5x P/S ratio with much slower quarterly revenue growth. Given that, we forecast that Postmates will trade at 6x-7x P/S, which is equivalent to ~$4B market cap. The expected return on investment is 90%. Lockup period is 180 days starting from IPO date.

    How Venture Investments Work
    1. Searching for Companies

    United Traders analysts are in continuous search for OTC offers studying financial reporting, companies’ businesses, their future plans, analyzing them as potential acquisition targets or estimating prospective multifold capitalization increase as well as considering risks that may hinder business growth. The best ideas are offered to our investors.

    Publication
    18 Sep
    Minimum Amount
    None
    2. Buying shares

    As part of our service for purchasing shares on the OTC market, for its traders and investors United Traders buys units in funds that own equity stakes in private companies. These funds make early-stage investments in private companies or acquire equity stakes from employees of such companies.

    Shares Outstanding
    Limited
    3. Public Offering

    United Traders will have shares at its disposal after the IPO. The shares can be sold after the established 6-month Lock-up period. Alternatively, the shares can be hedged for the above period. Prior to the company going public United Traders look for exit options in the OTC market. If we find a great offer, we sell the shares.

    Public Offering Date
    Pending
    Estimated Gains
    +90 %
    4. Taking profit

    After the Lock-up period is over, the investment position will be automatically closed, and generated profits are credited to your account less the applicable UT fees. We offer an opportunity for investors with over $100,000 invested in a specific idea to search for a counterpart in the OTC market individually and to take profits before the company goes public and thereby exiting the trade prior to the Lock-up period expiration.

    Exit
    ̴ 2020
    Early Exit

    Although it is prohibited to sell shares within the Lock-Up period, our traders find ways to take profits for our investors using various financial instruments: forwards, options, short selling trades, etc.

    For an investor the above means that the investment may be exited after paying a portion of its value, usually around 15% which is caused by highly-priced instruments used to close the position. To do so, you should press the respective button in your members area as soon as it becomes active.

    The exiting process is similar to making a new investment. You submit a request, we execute it within 1 business day, and your investment is closed at the current exchange price.

    Fees

    ENTRY FEE

    3.5% of the share purchase amount. The fee is charged at confirmation of your investment bid.

    EXIT FEE

    0.5% of the share sell amount after the trade. The fee is charged at the investment exit.

    SUCCESS FEE

    20% of the profit gain. The fee is charged only if the trade is profitable at the time of exiting.

    EARLY EXIT FEE

    Usually a 15% fee is charged subject to the actual situation at the exchange. The fee is calculated individually for each investment.

    What Are the Benefits of Investing with United Traders?

    WE ARE A RELIABLE PARTNER

    Our risk managers will support you throughout the entire transaction life. You can also contact us by phone: +7 495 646-15-57 or 8 800 333-66-81, or visit our office for a detailed discussion.

    HIGH PROFITABILITY

    Venture investing is very risky as they involve new or growing companies, and multifold increase in capitalization is expected. We select companies that already demonstrate strong financials and plan to go public soon. This approach allows limiting hyper-risks related to insolvency of new companies and substantially increasing profits as compared to investors who buy shares in a pre-IPO subscription.

    LOW ENTRY THRESHOLD

    To qualify for a pre-IPO subscription, one would need millions of dollars. We gathered a pool of traders and investors allowing everyone interested to join similar transactions with as much as $15,000.

    Invest in Postmates

    Please, log in or sign up to invest in Postmates