News for hackers. Stuff that matters.

A comment on Snap Tumbles Below IPO Opening Price as Analysts Say Sell. Parent comment

Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by lmm on Tuesday March 07, 2017 @04:46AM (#13809319)
I don't think you can blame companies for taking free money at high valuation when it's offered to them. Who's investing? Either it's a good investment or it isn't; if the latter, whoever's investing won't have their money much longer.
[ Parent | on HN ]
Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by idiot_stick on Tuesday March 07, 2017 @05:44AM (#13809492)
I'd hardly consider an ownership stake in your company to be "free", with or without voting rights.
[ Parent | on HN ]
Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by lmm on Wednesday March 08, 2017 @06:32AM (#13819572)
Depends if your company is worth anything. But you're right, I meant "cheap" rather than "free".
[ Parent | on HN ]