This is a very cynical perspective. The public markets are generally very unforgiving. This is why so many tech companies are choosing to stay private longer. If it was all about duping the public, they would IPO asap before the ship sinks.
Sure, there are examples like Blue Apron that seem to fit your narrative, but they are the exception.
If your narrative was correct, hedge funds or other intelligent investors would quickly catch on and short funds that purely track tech IPO's and make a killing. Obviously playing the markets is not this easy.
Sure, there are examples like Blue Apron that seem to fit your narrative, but they are the exception.
If your narrative was correct, hedge funds or other intelligent investors would quickly catch on and short funds that purely track tech IPO's and make a killing. Obviously playing the markets is not this easy.