@patio11 Not necessarily 50% dilution. But a 50% discount, yes. IPO offers 10% of total stock=> 10% dilution, exchanged for 5% of real value
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@patio11 Why would you assume the last fool in carry the least risk? It's not exactly uncommon that the music stops shortly after. -
@dhh So it's still risky, but they're investing in a business which at least appears functional, and can exit any time. Not true earlier. - 1 more reply
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@patio11 don’t forget the value of emotions and setting a momentum vector. People feel the share price rise, not the dilution.Thanks. Twitter will use this to make your timeline better. UndoUndo
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