Re:Reddark: Website to watch subreddits going dark
by bmitc on Friday June 09, 2023 @05:19AM
(#36255313)
Why is it so predictable? I know investors don't care about anything other than returns, but what returns do you get when you tank companies in such diametrically opposed ways from how they've operated before?
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Re:Reddark: Website to watch subreddits going dark
by gorbachev on Friday June 09, 2023 @05:30AM
(#36255394)
There are different kinds of investors involved in an IPO process.
The investors that have pre-IPO stock and who are looking to sell as quickly as possible, gain from IPO pops, so it's in their best interest to maximize short-term profits. That group of investors include a lot of the existing investors, and in almost all cases the founders and C-suite of the company.