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This is a big moment that could potentially affect a lot of people. Some HNers may be considering investing- discussion of this opportunity will probably help w
by scrollbar 15y ago
This is a big moment that could potentially affect a lot of people. Some HNers may be considering investing- discussion of this opportunity will probably help with this decision making.
Further there are many parties incented to pump hot stocks so they can profit from the fees and possibly from pump-and-dump: investment banks, current investors, soon-to-be investors, etc. I enjoy hearing both sides of the discussion here, and I do feel bad about people being misinformed and taken advantage of, even if it's ultimately their choice whether they buy in to the bullshit.
The major question: is it bullshit, or not? Sounds like HN is undecided
- nzoschke 15y agoThe discussion is great, don't get me wrong. Company IPOs, people buy or don't buy for tons of reasons, the company executes on their plan, and the market adjusts. Trying to label a company a ponzi scheme seems like little more than sensationalism to me. That said, I would never invest in Groupon, simply because I don't use the product ever.
- wooster 15y agoThat said, I would never invest in Groupon, simply because I don't use the product ever. Indeed. I tend not to invest in things I don't understand. I've never understood the appeal of most of the deals on Groupon and have never bought a Groupon. So, I'll be staying away from their stock, as well.