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this post was submitted on 24 Feb 2024
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I'm guessing it'll do pretty well, at least initially. There's got to be a whole lot of investors out there who just want to get in on the new big tech IPO and still jump in. I'm not convinced the WSB crew will really move the dial. Yeah it'd be an amusing and salutary lesson if the IPO shits the bed but I can't see it happening. I'm no expert tho!
They lost about $90M in 2023, seems like a really bad investment. But yeah, it probably will do well, at least for a while, because it's all just gambling and BS.