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0 pointsraldi5y ago0 comments

If you're having a garage sale and I buy a baseball card for the $1 you wanted, and then turn around and sell it for $500, would you feel any regret?

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tempsy5y ago

No. Airbnb can sell more shares tomorrow at $150 if they wanted to. OTOH if they gambled and set their price at $150 and the stock tanked it would screw over shareholders who are taxed based on the IPO price and would be underwater immediately.

The IPO is just one transaction in one point in time. They aren’t losing sleep over this.

raldiOP5y ago

I guess that's the root of our disagreement; I would give an emphatic Yes to my question above, and I think all our other differences of opinion stem from there.

tempsy5y ago

There’s nothing to “regret” when the pop doesn’t impact how much you were able to raise.

j / k navigate · click thread line to collapse

0 comments

tempsy5y ago

The IPO is just one transaction in one point in time. They aren’t losing sleep over this.

raldiOP5y ago

I guess that's the root of our disagreement; I would give an emphatic Yes to my question above, and I think all our other differences of opinion stem from there.

tempsy5y ago

There’s nothing to “regret” when the pop doesn’t impact how much you were able to raise.

j / k navigate · click thread line to collapse