This post tightly fits what I want to see in this community. Anti-corporate sentiment and “good news” for non corporate entities.

  • haui@lemmy.giftedmc.comOPM
    link
    fedilink
    English
    arrow-up
    1
    ·
    8 months ago

    Makes perfect sense! Thanks for contributing.

    Someone recently mentioned that IPOs nowadays are just a scam. I tend to believe them. Just the banks and the buddies filling up their pockets. I‘m sad that stuff doesnt work like in the movie the wolf of wallstreet. Just get them on collusion and jail em.

    • stoly@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      8 months ago

      I do think that IPOs initially did what they say: gather money and allow a company to start up properly. Over the past 20 years, though, the system has been completely gamified and now it’s just a way for people to legally pump and dump, with only a few companies actually making something useful among all the mess.