this post was submitted on 23 Feb 2024
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[โ€“] JustMy2c@lemm.ee 3 points 9 months ago (1 children)

The guys organizing the ipo will become very very rich even if it tanks later. They sell for their price. Afterwards, it tanks.

[โ€“] FlyingSquid@lemmy.world 2 points 9 months ago

They're already rich. You're not going to make them poorer either way.

On the other hand, it will make spez look like a big fool, which I will enjoy.

I'll take my schadenfreude where I can get it.