3 ms·
No need to jump into this ring of assumptions built onto assumptions (plus, what pre-IPO company is reading an Econ 101 textbook on Macroeconomics…?) As you ne
by redserk 2y ago
No need to jump into this ring of assumptions built onto assumptions (plus, what pre-IPO company is reading an Econ 101 textbook on Macroeconomics…?)
As you near an IPO, you’d want to make your business look like it’s quite profitable to prevent the share price from nosediving on Day 1.
- Y_Y 2y agoYou're right of course. I guess I was trying to steelman the hypothetical exec's position as not totally unfounded or unreasonable, not give the final verdict.