8 ms·
There's a reason why he's trying to reserve 30% of the IPO for retail investors.
by BobAliceInATree 5mo ago
There's a reason why he's trying to reserve 30% of the IPO for retail investors.
- hampowder 5mo agoplease elaborate
- deeviant 5mo agoThere are ~7 born per minute. 95% of them are retail investors. If you want actual reason, it's because he uses it as a money battery, i.e. funding xAI and SPACE DATA CENTERS.
- killingtime74 5mo agoBagholders
- caminante 5mo agoDoesn't seem right as plenty of institutionals get cooked. He claims loyalty with long-term holders who trust him (read:less nagging and more license). I suspect it's also more convenient for his IR team to avoid worthless meetings with super shareholders.
- tcp_handshaker 5mo agohttps://news.ycombinator.com/item?id=47606845 https://news.ycombinator.com/item?id=47606845 https://news.ycombinator.com/item?id=47613231 https://news.ycombinator.com/item?id=47613231
- Zigurd 5mo agoPlease hold this bag for me.