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I feel that many investors go by "Thousands of people know and use it, so... It must be worth something." The IPO then is a possibility for the founders to get

by cel1ne 11y ago

I feel that many investors go by "Thousands of people know and use it, so... It must be worth something." The IPO then is a possibility for the founders to get paid by selling their unprofitable business to the public.

AznHisoka 11y ago
...And the public then hopes to sell it to a dumber fool.. And on and on. When do we reach the last person who actually wants to own the stock for its current value for its dividend and ownership benefits?