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by linuxftw 2205 days ago
The stock market used to be a way to raise capital for profitable business ideas. Now, private equity has enough capital, they don't need to raise money from the general public. We've been shutout of the good money, we only get to pick up the crumbs, if we're lucky. The only businesses that IPO now are sure money-losers.
1 comments

> We've been shutout of the good money, we only get to pick up the crumbs

Yeah, I think my biggest complaint of the private market / public market is the accessibility gap and the face that the actual valuation of a private company is extremely skewed because there is such little public info for due diligence and the company is so rarely re-evaluated.