Passive Investing IPOs Market Volatility

Tech IPOs: “This Time It’s Different” Chatter Is So 1998

Just as high profile tech stocks are taking a beating in the market, we’re starting to hear the same incredible claims about how the tech industry is magically different in articles that would feel right at home in 1998. Most recently, Fortune senior editor Dan Primack declared that profits don’t matter when it comes to tech IPOs.


Growth drives IPOs, but without profits those prices decline
“Today's IPO buyers care . . .

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