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Bill Gurley kan ha en poäng här.
När ska vi lyssna på honom?
Behöver vi en helt ny uppsättning bankirer, eller går vi över till direkta börsnoteringar?
1 aug. 02:06
With $FIG we have another massive "POP" highlighting the gross inefficiency in the modern IPO process. It's very simple. They REFUSE to match supply/demand (that happened today). They brag about the mis-match - "30X oversubscribed." The outcome is expected & fully intentional.
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