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by inflatableDodo 2603 days ago
>which could take forever depending on investor taste for losses

If the existing investors had much more of a taste for losses, why the IPO?

1 comments

Stupid retail money. Greater fool theory.
But if the existing investors thought that Uber will win if they only just piss away a bit more money, they would have dumped the money in rather than let the stock go to the public.
Yes.
So therefore we have a very good idea of the taste for losses amoung existing Uber investors. And the taste for losses in the stock market is fairly guessable.