Ridesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.$Grab Holdings(GRAB)$ $Lyft, Inc.(LYFT)$ $Uber(UBER)$