3 ms·

California got bailed out by the IPO mania of 2020

• DevKoala 5y ago
  It’s almost as if the system balanced itself out.
  • lotsofpulp 5y ago
    Not surprising when the purchasing power of USD is continuously lowered to ensure debts are repaid. Nominally, everything is fine.
• dehrmann 5y ago
  Once you factor in the lockup period, I doubt this is the case. You're probably just seeing people who did well as the market did well overall.