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Re:Airbnb Pulled Back from the Brink by switch11 on Monday October 12, 2020 @05:49PM (#24759824)
Good Question: ssivark 2 hours ago [–]

Is it even meaningful for a company to be valued at ~$30B if it cannot guarantee survival & stability? In what sense of reality is this a “unicorn”?

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Fed is printing infinite money

So $30 billion is not $30 billion

AirBnB offers the potential of high upside

Do you park your 'free, Feb printed money' in the bank, and then at some point its value is less than it started

Or do you park it in AirBnB or another IPO, where it might go to zero, or it might go ten times

Everywhere IPOs are booming. Because money is being printed and there is nowhere for it to go for a good return

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