this post was submitted on 06 Jun 2026
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Exactly that. If they do an IPO, they either will continue to waste the new shareholders money like they did with their own, or they actually have to make money, which would imply to raise prices at least ten- to twentyfold while hoping to keep all customers on board.
I don't think either of these ways will go.
I'd like to know what they are promising in their IPO prospect...