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by JumpCrisscross
750 days ago
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> Hand crafted items from their original source just won't satiate IPO investors Plenty of public companies promise low growth but decent returns. (Some promise wind-downs amidst payouts.) They also pay low multiples. If you want a high multiple, you have to grow. Etsy’s saga isn’t a problem of public markets, it’s one of a company choosing a particular cohort of investors. |
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