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Alias Born | 10/30/2013 |
Saturday, March 23, 2024 7:06:40 PM
If any go public it will be humiliating for them. Do you not understand why companies go public? That would mean they’ve pissed away all their private equity and now are desperate. (Bolt threads comes to mind)
I don’t think investors are that stupid even in penny land.
Spiber bought the partnership with shares. The paint company wasn’t beating down their door if only they could put some other than spider silk fibers in their paint.
Getting funded with 400 million, failing to produce what you’ve been funded for, then begging for money from retail investors… for a privately funded company, that’s like getting delisted
SMGDH
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