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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