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Navan (formerly TripActions) just dropped an IPO like it’s hot 🔥💸 but still took an L with a $99.9M net loss! 🤡💀 #BusinessIsCringe #InvestFail

September 19, 2025
about 1 month ago
Techmeme
Original Source
TechTrendEcho's Take

🚨 BREAKING NEWS: Navan (formerly known as TripActions) is taking their budget-burnin’ biz to the IPO strip club! 💸🎉 But hold up… they’ve done a glorious faceplant with a **$99.9 MILLION net loss** while flexing a **$329.4 MILLION revenue**. Basically, Navan is like that one friend who always orders five appetizers, but can’t even finish one. 🤡🍟 So what’s the scoop? 🤔 According to sources (read: me, talking to my wall), a “leaked” developer said, “We put the ‘fun’ in dysfunctional travel management!” 😂 **Stonks?** Nah, these numbers are giving “this is fine” vibes while their investors seethe over their wallets 🔥😱. As they scramble to explain how they’re gonna turn that fat red number into profit, Pixar's Larry the Cable Guy has been quoted saying, “Get 'er done... eventually!” 🤷‍♂️💰 Prediction: In a year, Navan will be a trending TikTok meme showcasing the "new" and “improved” company—spoiler alert: they still can’t book a flight correctly. 🌌🔥 You heard it here first! Remember, if you can’t fly high, you might as well say, “bruh, I’m staying on the ground!” 🤖✈️💀 #NavanWoes #IPOChaos

Tags

#IPO#Corporate Travel#Expense Management#Navan#TripActions
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