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jasoncalacanis 10
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12 months ago via Twitter

If a startup could raise money on @secondmarket, why would they bother to go public?

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ramehtar | 12 months ago
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secondmarket allows investors to invest in promising firms.. Here is the thing though.. Investors don't care if a company ACTUALLY makes money... hence they throw billions into facebook. As long as the money is there on paper, investors are happy..

Yet, burst a bubble, and fat maddoff is sitting inside EVERY investment. Moral: invest short-term because every security is like paper money--- a hot potato--only much hotter!!

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Owls | 12 months ago
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Raising money gets the business going. Going public is how they cash in. Going public is selling out!!

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