A Sweetgreen IPO is coming to the market. The quick-serve salad chain announced it has confidentially filed to go public.
So, will Sweetgreen be a good investment? Let’s take a look…
Sweetgreen IPO: The Business
Sweetgreen was founded in 2007 by Jonathan Neman, Nicolas Jammet and Nathaniel Ru. The three recent Georgetown University graduates set out to fill the void for healthy, farm-to-table fast-food. Sweetgreen launched with just one location, a 560-square-foot shack in Washington D.C.
As Sweetgreen’s founders put it…
When we were in school, there were two choices: food that was slow, expensive, and fresh—or fast, cheap, and unhealthy. We saw an opportunity …read more […]
An activist is someone who incites change for a cause they believe in. So, what is an activist investor? You won’t typically hear about these individuals (or groups) in successful companies. Instead, they’re looking to create change in companies that are underperforming, mismanaged or generally unguided. Most of the time, it’s not any one single person. Rather, it’s a coalition of activist shareholders that form a group with enough leverage to affect change.
If you own a stock that has activist investor activity, you might wonder if it’s time to cut ties and finally realize the loss you’ve been sitting …read more […]