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>which could take forever depending on investor taste for losses If the existing investors had much more of a taste for losses, why the IPO?
by inflatableDodo 7y ago
>which could take forever depending on investor taste for losses
If the existing investors had much more of a taste for losses, why the IPO?
- toomuchtodo 7y agoStupid retail money. Greater fool theory.
- inflatableDodo 7y agoBut if the existing investors thought that Uber will win if they only just piss away a bit more money, they would have dumped the money in rather than let the stock go to the public.
- toomuchtodo 7y agoYes.
- inflatableDodo 7y agoSo therefore we have a very good idea of the taste for losses amoung existing Uber investors. And the taste for losses in the stock market is fairly guessable.