This is a market with a lot of froth and if they listed the price at $1 trillion... | Hacker News

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		AznHisoka on Dec 11, 2020 \| parent \| context \| favorite \| on: Airbnb’s Stunning IPO This is a market with a lot of froth and if they listed the price at $1 trillion, speculators would have bid it up to $2 trillion just because they want to sell it to a greater fool.

whimsicalism on Dec 11, 2020 [–]

Literally not how markets work, but okay.

AznHisoka on Dec 13, 2020 | [–]

You haven’t been watching the markets lately because that’s literally how it is today with EV stocks going up 100% in a month, SPACs, etc.

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