Striker@lemmy.worldM to Mildly Infuriating@lemmy.worldEnglish · 1 year agoMusk is undeniably just trying to run twitter into the ground at this point.lemmy.worldimagemessage-square613fedilinkarrow-up13.73Karrow-down1157
arrow-up13.57Karrow-down1imageMusk is undeniably just trying to run twitter into the ground at this point.lemmy.worldStriker@lemmy.worldM to Mildly Infuriating@lemmy.worldEnglish · 1 year agomessage-square613fedilink
minus-squareMerliSYD@lemmy.onelinkfedilinkEnglisharrow-up15arrow-down1·1 year agoThe problem is that if the IPO bombs, it’s the public investors that will lose money, as fuck u/spez and other shareholders will have dumped their steaming pile of shit shares onto the market from the start to reduce their shareholding and cash in.
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up7·1 year agoWhen people say that, they don’t mean they hope it bombs after the IPO… They mean they hope It bombs before the sale so Huffman and the others with a stake don’t make much money Anyone that buys the stock after the IPO would get a lower price.
The problem is that if the IPO bombs, it’s the public investors that will lose money, as fuck u/spez and other shareholders will have dumped their steaming pile of shit shares onto the market from the start to reduce their shareholding and cash in.
When people say that, they don’t mean they hope it bombs after the IPO…
They mean they hope It bombs before the sale so Huffman and the others with a stake don’t make much money
Anyone that buys the stock after the IPO would get a lower price.