IPO Pre-Launch

from the silly-silly-people dept

Okay, this is getting ridiculous. The joke for a while has been that companies are now starting to IPO before they even launch (or, in fact, exist), but now one company is actually trying that. Their business model is to be a portal that gives away its own stock to users, but in order to be able to do that it has to be public first. The whole thing sounds very sketchy to me, and I doubt it will work, but sometimes I forget about the madness and stupidity of crowds when it comes to equities...

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Save me a cookie
  • Note: A CRLF will be replaced by a break tag (<br>), all other allowable HTML will remain intact
  • Allowed HTML Tags: <b> <i> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Follow Techdirt
Advertisement
Essential Reading
Techdirt Reading List
Techdirt Insider Chat
Advertisement
Recent Stories
Advertisement
Support Techdirt - Get Great Stuff!

Close

Email This

This feature is only available to registered users. Register or sign in to use it.