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Almost all recent tech IPO\SPACs got killed in the last few months. It all just feels like a huge pump and dump, even if there is solid tech\product in some ca
by mupuff1234 5y ago
Almost all recent tech IPO\SPACs got killed in the last few months.
It all just feels like a huge pump and dump, even if there is solid tech\product in some cases (but just not worth anywhere near the IPO valuations).
- rchaud 5y agoIt seems like going with an SPAC itself is a negative signal. For one thing, you lack the social proof of getting institutional investor buy-in, which would happen as part of a regular IPO 'road show'.
- mgh2 5y ago“Truths are more likely to be discovered by one man than by a nation.” — René Descartes Isn't that the purpose of the IPO, company marketing to the public? All are susceptible to media hype, but it is retail investors who suffer most: they are the least educated or able to differentiate between information fact or fiction pumped by the elite, even [or especially] in big numbers - wisdom of the crowd, social media, political polarization, etc.