I think you accurately described the Greater Fool and the nature of this tech IPO climate. http://en.wikipedia.org/wiki/Greater_fool_theory http://en.wikipedia.

I think you accurately described the Greater Fool and the nature of this tech IPO climate. http://en.wikipedia.org/wiki/Greater_fool_theory http://en.wikipedia.org/wiki/Greater_fool_theory How else could companies with no revenue go public?