Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Long term investors who bought at at the IPO don't even know what FB's price is now, because they aren't looking at short term returns.


My point was that the deal was structured in a way that practically ensured the share price would fall. To think otherwise, for facebook management or investors is to believe in hubris. I think it's telling and kind of odd that in Cuban's own defense of the deal, he's a sucker for having bought at the IPO price.

As an aside, high beta (volatility) stocks generally don't perform as well, long term, as do consistent growers with stable price action.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: