5min chapter

Pivot cover image

Facebook is So Meh-ta, Biden's Budget Package, and Friend of Pivot, Aswath Damodaran

Pivot

CHAPTER

Is the Ipo Process Broken?

Scott Grimes: I think spacks in general represent the out sourcing of thinking on the part of investors. The old banke led ipo is isin oit comes at cost me saying, what am i paying for? He says we seem to be in that post growth bildry where people don't even look at revenues or change and just talk about how they're going to make money. Greene: We have fewe metrics to hold these people accountable until it's too late.

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