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Flip is not "extremely negative." It is a reality in many business transactions. As I wrote in my parent post the term "flip" carries a negative connotation,
by blantonl 15y ago
Flip is not "extremely negative." It is a reality in many business transactions. As I wrote in my parent post the term "flip" carries a negative connotation, but the end result is that someone took on a greater risk than the other guy to buy into a business with the sole purpose to resell their share at a greater value. Anyway you look at it, that is a flip.
And I'm cool with that. Good for Ben.
- joshu 15y agoFlip implies selling quickly without adding much value. Skypr has publically been on an IPO path for a while, and that is no flip.