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Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell by wslh on Tuesday March 07, 2017 @07:18AM (#13809793)
While their financials could not be solid they can use the capital to try new things, including acquiring other companies. Since Google and Facebook we are seeing a new kind of companies which are more flexible on trying new ventures and being relatively successful comparing to companies like Xerox or IBM that were/are not able to integrate innovations in their business.

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