Archive for April, 2019


Posted on: April 15th, 2019 by Kirenaga Partners

Two weeks ago, the ride-sharing company Lyft had its IPO – raising more than $2 billion with a $20+ billion market cap. Since then, Lyft’s stock price has declined by 16% while the overall market has risen.

But here’s the deal: investors who think Lyft has been a failure are Missing the Game. Quite simply, investment alpha is no longer being generated by the public markets. Rather, investment alpha is being generated and captured in the private markets, and those investors who fail to realize that the game has changed are suffering poor portfolio returns as a result.

In this newsletter, we dissect trends in the overall marketplace and the specifics of the Lyft transaction. We focus on who gets paid and the implications for individual investors and their investment portfolios.

Click on the link below and read away. We think you’ll enjoy it, and may even give some serious consideration to re-positioning your portfolio.

Kirenaga Observations: Lyft Off?

Violet Defense Garners Attention of Innovation & Tech Today

Posted on: April 11th, 2019 by Kirenaga Partners

Innovation & Tech Today has published an article acknowledging the potential of Violet Defense to revolutionize cleanliness. Specifically recognized is how Violet Defense’s proprietary Surface and Air Germ Elimination (S.A.G.E.) technology can not only reduce the need for toxic and environmentally damaging chemicals for disinfection, but can also reduce the generation of waste such as used cleaning wipes.

At Kirenaga, we remain extremely bullish on the potential of Violet Defense to provide a more sustainable option to protecting people from disease in myriad contexts. We can’t wait to see what comes next for the Violet Defense team.

To read the Innovation & Tech Today article yourself, please find it at the link below.

Full Article