> then unload onto the public via IPO this implies they're unloading at a valuat... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		chii 6 months ago \| parent \| context \| favorite \| on: Lina Khan points to Figma IPO as vindication of M&... > then unload onto the public via IPO this implies they're unloading at a valuation that is higher than it is worth. If so, why do "the public" make the purchase?

steveBK123 6 months ago [–]

Have you met retail investors? Meme stocks. 0DTE options. NFTs. ICOs.

It’s called FOMO.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact