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Wow. I thought they learned their lesson with the last mid-recession IPO. I was on that ride, and it fucking hurt.
by ffsgdyfhfjvds 6y ago
Wow. I thought they learned their lesson with the last mid-recession IPO.
I was on that ride, and it fucking hurt.
- czbond 6y agoI was thinking before I saw your comment "seems an odd time to IPO" when people mainly talk about the AWS and Digital Ocean of the world. (Supposedly D.O. is IPO'ing next few years)
- raiyu 6y agoNo comment =]
- oillio 6y agoJudging by the stock market performance, this is a perfect time to IPO. It may end in tears like a 2000 IPO, but tech is so hot right now. For example, look at recent public offerings like DKNG and NKLA
- newguy1234 6y agoIt isn't like 2000 though. These tech IPOs are real companies, with real products, real customers and real businesses. The 2000s had companies going public that were just based on an IDEA. Literally...."we're raising funds in this IPO to build xyz website/service." Most tech IPOs these days have at the very least already been vetted through venture capital funding rounds. The weak simply don't get funded at an early stage.
- ffsgdyfhfjvds 6y agoThe market is a speculative cokehead right now.