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- What really went wrong with $wish ? Can wish be compared to gopro or fitbit ? Gopro/fitbit had crazy ipo price and it went down gradually and never recovered. Bag holders lost money /washed out. Or could wish be like snap, redfin which had rough time for years and then recovered really well ? I know it is very speculative and no one
- link CMV: There should be a regulation against money losing IPOs Tldr: Loss making IPOs - specially B2C - are a wealth transfer mechanism from the 99.99% to the 0.01% and YOU are an unwilling participant Long version: Zynga, Snap, Groupon, Gopro, Fitbit, Blue Apron.. All loss making unicorns that are currently trading below IPO price. Let’s ask outselves: Who h