SpaceX is going public — but don’t expect Amazon- or Apple-level gains.
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SpaceX is going public — but don’t expect Amazon- or Apple-level gains. Today’s IPOs are often a payout moment for insiders, not the start of major value creation for public investors, according to a scholar who analyzed over 1,000 listings.
https://theconversation.com/spacex-and-openai-ipos-are-unlikely-to-bring-skyrocketing-returns-that-amazon-and-apple-did-as-companies-go-public-later-in-life-and-early-investors-cash-out-276147 -
SpaceX is going public — but don’t expect Amazon- or Apple-level gains. Today’s IPOs are often a payout moment for insiders, not the start of major value creation for public investors, according to a scholar who analyzed over 1,000 listings.
https://theconversation.com/spacex-and-openai-ipos-are-unlikely-to-bring-skyrocketing-returns-that-amazon-and-apple-did-as-companies-go-public-later-in-life-and-early-investors-cash-out-276147@TheConversationUS it is gigantic scam of unloading failing companies on institutional investors
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@TheConversationUS it is gigantic scam of unloading failing companies on institutional investors
@peteriskrisjanis @TheConversationUS
Precisely, their buddies managing 401Ks and endowments are going to help turn their bogus pumped up paper in hard cash.
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J jwcph@helvede.net shared this topic