S2 E9: Why Everyone Prefers Predictability / That Last Knockout Punch / How Gift Cards Keep Giving
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What Would Have Happened to Wink if It Stayed Private?
Wall Street loves things that are going to be relevant 10 years from now. Wink stock is down 94% over the past year and has a $5 million market cap, which is bananas. When you're doing a private fundraise, there's information asymmetry. There's a lot of cost to being a publicly traded business.
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