Neil Freiman

Would you buy Duncan stock is a great question to ask yourself.

And it probably depends on whether you do it before you drink a massive iced coffee loaded up with cream and sugar the way I like it or after.

Let's go back to the last time Duncan was public 2011 to 2020.

It did pretty well.

It rose more than more than 400.

and 60% from its IPO price until it was taken private, which is more than double the S&P's gain over those years.

So excited to see Dunkin' kind of divulge its financials because we don't know how Dunkin' is doing or Buffalo Wild Wings or Arby's or any of these other companies because it's been under private management.

So the way we dissect Starbucks' earnings and Dutch Bros and all these other companies, all these rivals,

of Dunkin Donuts because they do these quarterly reporting.

You know, we just don't know about Dunkin, so it'll be interesting to see what those executives have to say about its business.

Looks like they're aiming for a valuation of $20 billion, which is much bigger than the other really big consumer food IPO that's coming down the pipeline, which is Jersey Mike's said it would go public this year at about a $12 billion valuation.

And this industry has had a lot of potholes because, yeah, back in 2017, it was AI kind of.

Bird, which was Lime's rival, was the fastest startup to ever achieve a $1 billion valuation.

Venture capitalists were throwing tons of money behind micromobility, and this was expected to be a huge industry.

But Bird went public in 2021 via SPAC, and it actually went bankrupt.

So

It's a tough industry to make the economics work.

And right now, Lime is not profitable, but it seems like it has this really cozy relationship with Uber, which is a major investor and stakeholder.

And that's helped it.

A chunk, like 14% of Lime's revenue came through its partnership.