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Google was famously undervalued at IPO, even relative to its value back then (that is, ignoring the wild upside that actualized). It’s likely not the new Google
by argee 4mo ago
Google was famously undervalued at IPO, even relative to its value back then (that is, ignoring the wild upside that actualized). It’s likely not the new Google from a shareholder upside perspective, given the hype.
- mlmonkey 4mo agoGoogle's IPO was a Dutch Auction. It's impossible to be undervalued in a Dutch Auction.