Hacker News new | ask | show | jobs
by mark_integerdsv 5136 days ago
I'm with you.

It still baffles me how anyone could think that this IPO was about anything but making vulgar amounts of money for Facebook.

I guess the label is now more accurate than ever: "...dumb fucks."

1 comments

What IPO isn't about making money for the company? Only the VC pump-and-dump scams, not anything you want to be part of
Most companies' IPOs don't include going to great lengths to successfully offload far more of their shares at a significantly higher price than the shares could sustain.

There's a big difference between leaving money on the table and riding the hype wave for all its worth. Plenty of room for reasonable compromise.