Posts Tagged ‘Initial public offering’
Does IPO Stand for “Irresponsibly Promoted Obscenity”?
Groupon postponed its IPO. No surprise. The company, once a darling, retreated when investors raised serious questions about its earnings. Now it’s in pre-IPO quiet period again, so it seems to be a good time to discuss this. We are playing a dangerous game with IPOs today, possibly one more dangerous than the pre-burst gold…
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