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Episode 32: The Snap Inc. IPO
Acquired
Is This a Special Company?
Twitter is the first tech IPO of 2017. There's incredible pent up demand for Twitter shares. The company has a gross market margin negative, which doesn't sound like an initial public offering to me. I think nothing better encapsulates the time in which we're living in tech where an IPO looks like a seed deck and a seed process.
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