Scanlon on Stocks

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Content Description

Lyft recently filed their IPO prospectus, drawing attention to the 2019 Public Offering Class, which includes their rival, Uber. Lyft and the rest of the 2019 IPO class uses the cloud to support their various platforms, and Lyft has gone "all-in" with Amazon Web Services. The cloud is becoming a necessary component of the operations of most companies. Companies that offer cloud services are growing quickly, but market power is increasingly concentrated across the top three. Amazon is dominant in the cloud space, but Microsoft and Google are catching up.

 As Susan Skerritt of Deutsche Bank said, “We need diversity of thought - gender diversity is only one part of this”. It’s about creating a place where ideas that hold merit are valued and considered with equal weight. Thinking and innovation are what drives success in an industry and a nation, and it is incredibly important that all voices are heard when moving forward.

Thanks for listening to my podcast. Feel free to connect with me at Scanlonstocks.wordpress.com or through my Seeking Alpha profile.