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This: > I did purchase fomo insurance after they ipo'd Sorry, my English is a bit weak. What is the meaning here? Did you buy shares post-IPO?
by throwaway2037 2y ago
This:
> I did purchase fomo insurance after they ipo'd
Sorry, my English is a bit weak. What is the meaning here? Did you buy shares post-IPO?
- reshlo 2y agoFOMO stands for Fear Of Missing Out.
- lbotos 2y agosure -- what is fomo insurance?
- Aeolun 2y agoThink it means he bought Palantir stock? No need to fear missing out if you are on the gravy train.
- insane_dreamer 2y agoBuying the stock so you don’t get left out in the event it skyrockets. Hedging.
- 1oooqooq 2y agohe invested into the company (that is, funded the immoral work he was disgusted by and caused him to leave) by paying them for stock options while (or shortly after) working there.