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To some extent, yes. How much money a company can raise in an IPO is partially a function of how optimistic investors are feeling about its entire sector. If Ub
by Analemma_ 10y ago
To some extent, yes. How much money a company can raise in an IPO is partially a function of how optimistic investors are feeling about its entire sector. If Uber-- the much-hyped mega-unicorn-- turns out to be a dud, that's going to weigh on everyone's opinion of other tech unicorns, whether it makes sense or not.