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They know it is a scam, but it doesn’t matter as it is now too late. That ship has sailed long ago into the IPO sunset.
by rvz 5mo ago
They know it is a scam, but it doesn’t matter as it is now too late.
That ship has sailed long ago into the IPO sunset.
- thereitgoes456 5mo agoThat’s absurd. Why couldn’t it still fail, especially when their last raise was at 20x revenue or more? These numbers are horrendous.
- watwut 5mo agoIt can fail, but the cost will be pushed on small retail investors, pension funds, index funds etc. The investors and managers that made it fail and waste money will be rewarded and will remain rich. It will be the "socialize losses" situation.