For many of the top tier of richly valued young technology companies, the early message from public investors has been clear: If the company's business model is a string of question marks and there are few public precedents and high losses, stock buyers are not greeting them with open arms
. The lacklustre performance of the unicorn elites isn't a great set-up for WeWork Cos., Postmates Inc, Didi Chuxing Inc and others in the crop of still-private start-up elite edging to go public soon, with even-bigger-than-Uber-sized doubts about their viability and wild valuations.
It is no mystery then as to why the administration is not now greeting them with open arms
. One of the early 21st-century political realities is that the Catholic constituency is no longer a monolithic and dependable bloc.
Hundreds of thousands of Somalian refugees are pouring into Kenya, which is unlikely to continue greeting them with open arms
. The United Nations reports that 10 counties have been illegally funneling arms and equipment to both sides in the conflict.
As Utah's Latino populations continue to swell, they are likely to find both banks and credit unions greeting them with open arms
and, perhaps, an open check-book, too.
FOREIGNERS ARE welcome, says the government, but Iran's radicals will not be greeting them with open arms
. A decision to allow unlimited foreign investment in the Islamic Republic has been met with howls of outrage in the hardline press and the debate now taking place will serve as another focus for the confusion of arguments about the direction of economic policy.