Blue Apron lays off more workers

Re:Blue Apron lays off more workers by TheOtherHobbes on Wednesday November 14, 2018 @05:05AM (#18448770)

Finance vaguely plausible but essentially bullshit idea - IPO - sell most of your stock just after the IPO peak - move on.

Bullshit idea crashes, trashing the livelihoods of the developers and later investors, but you and your money are long gone.

This can look suspiciously like the slower and more professional version of a pump 'n dump stock scheme - although historically it's sometimes written off as "irrational exuberance".

If by some miracle the bullshit idea actually flies, your remaining stock gives you a slice.

[ Parent | on HN ]

Re:Blue Apron lays off more workers by lotsofpulp on Wednesday November 14, 2018 @06:00AM (#18448995)

I don’t think it’s anything like pump n dump. Anyone who bought into a food prep delivery service should have known better, all they had to do was try it for themselves. In any case, if you’re not wary of the risks in food service businesses, you probably need to do better research.

[ Parent | on HN ]

Re:Blue Apron lays off more workers by dsfyu404ed on Wednesday November 14, 2018 @09:51AM (#18450191)

>trashing the livelihoods of the developers and later investors

If you don't like it then go write software for bigco and shove your money in an index fund. Nobody is forcing developers to work for trendy startups or forcing investors to invest in freshly IPO'd startups.

[ Parent | on HN ]