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I can't possibly understand why people thought a $38 IPO wasn't going to implode. It's practically tongue-in-cheek. You're not really buying a piece of the new
by jasonzemos 14y ago
I can't possibly understand why people thought a $38 IPO wasn't going to implode. It's practically tongue-in-cheek. You're not really buying a piece of the new silicon valley when you do it on the old New York stock market. Suckers.
- deleted 14y ago[deleted]
- veyron 14y agoThere were wall street and silicon valley people talking about Facebook as if it's worth 200B or 1T dollars, in which case buying in at 100B may make sense. This was a problem on both sides: SV hyped, WS hyped and a bunch of people were blown out of the water.