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I have a stake in SpaceX through a PE firm. Everyone here hates the IPO stuff, but unironically how are private investors meant to cash out without exit liquidity?
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>>62326439
you invested in the shit, you figure it out.
There is nothing wrong with the IPO system normally. But this, its abuse of the system. Its a bundling of completely unrelated and hugely unprofitable garbage, from exploding rocketships to that shithole Twitter, all with the sole aim of reaching a scale whereby it gets involuntarily shoved up pensioners assholes to provide a fat drug addicts exit liquidity. Even to the point where the limited protections against that were being entirely waived. And THATS the issue people have with this trash.
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>>62326498
>all with the sole aim of reaching a scale whereby it gets involuntarily shoved up pensioners assholes to provide a fat drug addicts exit liquidity
based beyond belief
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>>62326498
I am for anything that hurts boomers.
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>>62326537
Yeah I wish it was as cool as they say
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>>62326439
You probably won’t be able to sell until September. You’re going to be forced to watch shares skyrocket to unimaginable heights. You’ll be able to sell when it dumps.
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>>62326542
It hurts every passive saver



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