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Sure, we call it pump and dump. Awesome for insiders but terrible for investors. I'm talking from an investor perspective. By going public today it might only b
by bsvalley 9y ago
Sure, we call it pump and dump. Awesome for insiders but terrible for investors. I'm talking from an investor perspective. By going public today it might only benefit a few early birds such as founders, angels, founding team, etc. If the market crashes it's terrible for new investors, anyone who bought the IPO. If you IPO after a storm your stock can only go up from the bottom.
- Dylan16807 9y agoThat's not what pump and dump means.