It will be profitable. The selling shareholders will dump their stock into the market and make big profits.
Can't believe the cynicism on here. Selling bullshit IPOs is very profitable.
Can't believe the cynicism on here. Selling bullshit IPOs is very profitable.
this flurry of IPOs is to take advantage of all the Liquidity the Fed is pumping into the markets
The IPO is the product
Tesla at 1,000 P/E
If you are running a tech company right now, you would have to be crazy to not IPO
you can raise half a billion or a few billion
that buys you 5 to 20 years of life as a company