When will the company make money? After two decades, it still can’t say. And there are enough other red flags that investors might want to be wary.
  • butterflyattack@lemmy.worldEnglish
    27·
    10 months ago

    Yeah, this IPO will probably go just fine and a bunch of wankers will make a bunch of money. That’s what it’s all about, after all.

    • WallEx@feddit.deEnglish
      10·
      10 months ago

      And where does that money come from?

      Honest question, I hate finances.

      • Yrt@feddit.deEnglish
        131·
        10 months ago

        Mostly from small people either tricked into buying the "new bitcoin/Nvidia/apple/… before it’s to late or dumb people hyped by other dumb people into buying it. And if enough small people invested and the stock rises the big player collect the profit.