Comment on Going Public Means Never Admitting You’re WrongComments−mjcohenw14yThe FB IPO was not a mistake for FB - all the money went to the company instead of the insiders. The idea that the stock for an IPO has to soar on opening day is flawed - if this happens, the company should have charged more.
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The FB IPO was not a mistake for FB - all the money went to the company instead of the insiders. The idea that the stock for an IPO has to soar on opening day is flawed - if this happens, the company should have charged more.