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by mv1
2434 days ago
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It seems like there are a lot of these IPOs lately. The article mentions Uber and Lyft, but there are others. Peloton is a recent one. WeWork had to shelve its IPO. Pure Storage is still losing money. How many of these companies can never make enough money to justify their IPO price, and how many are wisely investing in growth and market dominance. How long does it take to tell? Amazon took over a decade to show profits, if memory serves. |
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