The public market is dumb money. How many people have their 401k's allocated in 'growth stocks' of which surely lyft/snap will fall?
It's almost like it's a rigged system. Someone in Wall Street gets paid off, you IPO at such and such a price, that gets you into the institutional holdings.
It's almost like it's a rigged system. Someone in Wall Street gets paid off, you IPO at such and such a price, that gets you into the institutional holdings.