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Episode 173 — The Exponent IPO

Exponent

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Is the Market Working?

A lot of people are, like, very upset. I migt investigate what's happening is the market is working right. We're busly, sobank and we worke, between thetwo of them, decided what the value was. And guess what? That's way more accurate than two people figuring it out. So the c c should be patting itself on the back that we have created an environment where a company can be wildly misvalued in one context,. but then it goes to an area where it is exposed to lots of people who could potentitlo lose their shirts., he said.

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