this post was submitted on 01 Jul 2023
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Literally cannot believe this is how they handled things… very sad day! Worst part is, I’m sure they will be just fine and get the IPO they desperately want.
With fidelity cutting their valuation every couple months; I don’t think they’ll get the ipo they wanted. They may go public but it will be lackluster. F-I/spez has founder stock so he’ll get paid, but the rest of the people at hq will get shit
I think Fidelity is cutting those valuations independent of the protests though. I have a feeling they will all (or a lot of them) make a pretty penny. I know my buddy that works there will!