We love IPO day - few things are more exciting. But the one thing we hate about IPO day is the overreaction to success or to failure.
The Fix loves IPO day. It has everything. The pomp and circumstance behind startup founders and CEOs ringing the bell to open trading. Jim Cramer and his squeaky voice getting all excited. Early employees wondering if they’re about to become millionaires. Early investors wondering just how much money they made. The anticipation of that first trade hitting the market. Very few things are more exciting than IPO day.
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