Market will eventually get it RIGHT. I think alot of amateur investors are shocked to see $Grab Holdings(GRAB)$went down like a falling knife.
Tbh, im not surprised as a bystander. The founders still trying to milk the retails by showing a big bowl (users) they are having. Guys, this is not VC market, this is the Market.
40b is the price for a flawless bowl. Currently, this bowl has got cracks and is leaking. Repair it first!
To retail investors : This is a lesson not to buy into IPO thinking it will rise. This is not a cheat code. Many has been burnt, more to follow every quarter and year.
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- KYHBKO·2021-12-26there is no guarantee that price must rise for IPO. business profitability and fundamentals are key1举报