Sure, we call it pump and dump. Awesome for insiders but terrible for investors. I'm talking from an investor perspective. By going public today it might only benefit a few early birds such as founders, angels, founding team, etc. If the market crashes it's terrible for new investors, anyone who bought the IPO. If you IPO after a storm your stock can only go up from the bottom.
Re:Congrats Dropbox
by Dylan16807 on Friday March 23, 2018 @07:24PM
(#16663539)
That's not what pump and dump means.
Usually you don't want to sell your stock to the public after it's crashed.