I really think most investors really are disconnected from the reality of the companies they are investing in despite there being communities online where you can get the low down. Someone got rich, but it will not be the investors. Suckers.
Yep, Facebook dropped 50% after the IPO. If you bought at IPO and held on to the stock you now got 10x ROI. Of course FB makes a ridiculous amount of money from ads even at the IPO while Reddit is still struggling.
I really think most investors really are disconnected from the reality of the companies they are investing in despite there being communities online where you can get the low down. Someone got rich, but it will not be the investors. Suckers.
This was totally expected. Story of most tech IPO’s. It’ll continue to fall into the teens, maybe single digits and stay there for a long time.
Yep, Facebook dropped 50% after the IPO. If you bought at IPO and held on to the stock you now got 10x ROI. Of course FB makes a ridiculous amount of money from ads even at the IPO while Reddit is still struggling.
Super long term investment