Airbnb Inc (ABNB)

[wEaReLeGiOn]

No, We're talking IPOs. When I asked you how an IPO figure is reached, you responded by citing crooked venture capitalists, greedy insiders, and people (sheeple) being led to slaughter, that didn't know any better.

In reality, things are much different than that for obvious reasons, at least to most reasonable people (obviously). I then drew a comparison to one of the world's best performing stocks, GOOG, and reminisced about their IPO which didn't go very well at all (I cited the flurry of class action suits), until it did.

Now you want to pretend that somehow this is a discussion about the merits of both respective companies; which it clearly isn't.

Since I don't seem able to make an obvious point here, then let me put it in terms even more obvious.

It's an IPO, an introduction of the company to the public. It's not going straight up like a pennystock, obviously.


Herzogtech Tuesday, 12/29/20 11:10:57 PM
Re: wEaReLeGiOn post# 139 0
Post # of 147
Yeah it’s determined by VC crooks that funded the company and founders that are looking to dump their shares once the companies go IPO to retail sheeples that hold the bag to eventually get slaughtered!

However, this year most of these Ponzi IPO companies set outrageous SP based on artificial market created by none other FEDs!

You’re comparing apples to oranges - Google vs. Airbnb! Google has a solid core business with Search and diversified into many different areas via Alphabet.