this post was submitted on 11 Jun 2023
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The IPO will catch on fire, burn up and fall over into the swamp. The last thing you need in the 11th hour of an IPO is bad press and protests.
The move overall smacks of desperation. The investors aren't blind. Spez is openly calling out that they're not profitable, on the eve of the IPO.
Honestly, all things considered in his rock solid stance I'm expecting more of a fire sale.