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On Mon, 16 Dec 2024 19:45:03 +0100This is why I never participate in IPO:s. Much better to wait for the small initial uptick, and then potentially buy once the lipstick comes off the pig.
D <nospam@example.net> wrote:
>Sounds like the clowns who acquired SUSE linux. Absolute disaster. It>
is very strange that those types of people are earning the amount of
money they do.
>
Surely it must only be about finding the greater fool, and nothing
about actually creating value.
It absolutely is, where "finding the greater fool" is defined as
"juicing the numbers just long enough to pull off an IPO, and scampering
off before the resulting twisted steroid mutant collapses into flaming
ruin."
Unfortunately, this model is absolutely *epidemic* these days (in theThis is not so good. This abuse of capitalism is what gives life to the left.
US, at least.) Ed Zitron - https://www.wheresyoured.at/ - has written
quite a bit in the last few years about the deleterious effects this
has had on the tech industry.
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