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A comment on Airbnb Announces Intention to Become a Publicly-Traded Company During 2020. Parent comment

Re:Airbnb Announces Intention to Become a Publicly-Traded Co... by gruez on Thursday September 19, 2019 @01:33PM (#21018531)
If everyone thinks there's going to be a recession, wouldn't that mean that would be priced into the IPO price? ie. if you think that there's going to be a recession in 3 months, you wouldn't plow a boatload of money into an IPO.
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Re:Airbnb Announces Intention to Become a Publicly-Traded Co... by ummonk on Thursday September 19, 2019 @03:04PM (#21019480)
High information investors and executives know an impending recession is probable, but low information investors will still happily plow money into IPOs.
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