
Originally Posted by
Sanlmar
I just cant see anyone punching it into the end zone at IPO.
Dammit, I completely forgot about Square. Back on the watch list.
And that's about as good as it gets.
But excellent reminder about rest of world. However, I still don't see the love in the foreseeable future.
Edit: I trade in incomplete thoughts, I see.
Square was kind of a mess at tip off. I think it came out at $9. It did okay for the traders but not so much for Square. I believe backers were hoping for $12 or more. Thing has come down hard. (Little pop on Visa news but it feels soft) All kinds of loose change was left on the table and I think the employees got diluted.
Things are far worse today than late 2015. Feels like another era entirely.
Why would you leave a cushy engineering gig for the promise of a taste these days? I know there are prolly always plenty of young, green, tool users but I don't see it.