This is exactly what I think as well and I got a serious education on this with the whole WeWork fiasco and that stopped me from losing my money investing in IP

This is exactly what I think as well and I got a serious education on this with the whole WeWork fiasco and that stopped me from losing my money investing in IPOs. I was going to invest in Snowflake and Airbnb. Also check out what GoPro stock IPO price was and today's price. The company can be fine but the stock can just not recover.