By Adam Sharp What a crazy few weeks it’s been. There are a bunch of different topics I want to discuss today, so we’re going to look at three stories, with brief commentary on each.
IPOs Are for the Last Investors in Line
This is a devastating take on the IPO market, courtesy of Naval Ravikant, Babak Nivi and the rest of the team at Spearhead.
Naval: By the time a company goes public, you can bet anybody with connections, an appetite, investing skills and capital got a bite at it. So if you’re investing in a tech company’s IPO, you are literally last in line. …read more
