And they also realize they don't need to be fantastic investments to pay off, they just need to IPO/be acquired at a higher share price.

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delfinom 3 days ago | parent [-]

RIP our 401ks that will end up being the bagholders when its dumped on the market.

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pembrook 3 days ago | parent [-]

Your 401k is going to be fine, nobody goes public anymore until they're a big, dumb, boring, profitable company and all of the risk+returns have been rung out.

Too many normies betting their life savings without understanding this risk in prior bubbles, so we regulated away the ability for non-institutional investors to take venture risk at all.

	▲	otterley 3 days ago \| parent [-]
		> we regulated away the ability for non-institutional investors to take venture risk at all. Some institutions try to achieve this by launching their own cryptocurrencies, but by and large, the market isn't biting.