Is this an indication that the IPO system is broken?
Ot could be an indication that infesting in the IPO of an online business with an unproven business model is risky. If you want a little less risk, invest in both Google and Microsoft. If you want a lot less risk, invest in a broad based mutual fund that includes companies like Proctor & Gamble.
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Ot could be an indication that infesting in the IPO of an online business with an unproven business model is risky. If you want a little less risk, invest in both Google and Microsoft. If you want a lot less risk, invest in a broad based mutual fund that includes companies like Proctor & Gamble.
I agree with you. It's all about the investor's appetite for risk as long as all the facts are on the table.
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