• Ghostalmedia@lemmy.world
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    11 months ago

    Dumb people are going to see headlines about “AI” and “the first social media IPO in a long time,” and they’re going fork over money. Also speculators are going to buy after they speculate that other speculators are going to buy speculatively.

    • butterflyattack@lemmy.world
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      11 months ago

      Yeah, this IPO will probably go just fine and a bunch of wankers will make a bunch of money. That’s what it’s all about, after all.

      • WallEx@feddit.de
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        11 months ago

        And where does that money come from?

        Honest question, I hate finances.

        • Yrt@feddit.de
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          11 months ago

          Mostly from small people either tricked into buying the "new bitcoin/Nvidia/apple/… before it’s to late or dumb people hyped by other dumb people into buying it.