> 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?
> 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?
Have you met retail investors? Meme stocks. 0DTE options. NFTs. ICOs.
It’s called FOMO.