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How is that consolidation ? It's just a struggle for one more push before the IPO, one more spike for their company to be valued as high as possible. It's a smo
by zrgiu_ 15y ago
How is that consolidation ? It's just a struggle for one more push before the IPO, one more spike for their company to be valued as high as possible. It's a smoke curtain.
Don't get me wrong, if I were Groupon I would do the same thing, but please, don't call it "consolidation"
- gaoprea 15y agoI'm just being ironic ;)
- raganwald 15y agoCome now, isn’t it obvious that they’re consolidating their bad press? I mean, seriously, who reads about a lawsuit against ex-employees and thinks “Well, I wasn’t going to buy the stock, but now that I see what massive, cast-iron balls they have, I’m going to call my broker?” It’s not like they are suing someone who might pay them hundreds of millions of dollars and it’s not like they have a chance of driving a major competitor right out of business. This is a nuisance move at best but at worst it reminds potential investors that they have serious competition. I’m obviously the last person anyone should ask for advice on how to run an IPO, but I would think that reminding the marketplace that you have competition and boasting about how you are easily distracted from running your business is not a good move.
- twainer 15y agoQuite right. I have followed investment events for quite some time and I cannot recall a shadier-looking company hitting the open market. It really boggles the mind: WHO is buying this? WHO is telling others to buy this? I know Warren Buffet isn't looking at any of this . . .