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106 sats \ 3 replies \ @SimpleStacker 20 Jul \ parent \ on: New Robinhood IPO: Jersey’s Mikes news Stacker_Stocks

same. I bet it's a liquidate reputation play. capitalize on the reputation while cutting costs and quality until people find out

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90 sats \ 2 replies \ @BlokchainB OP 20 Jul

Yikes I hope not

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102 sats \ 1 reply \ @SimpleStacker 20 Jul

That just seems to be the pattern. Why wouldn't they do it? The founders get their exit bonus, the investors reap some profit for a while, then move on to the next target. No one is buying a sandwich shop thinking "This is a 20 year investment"

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23 sats \ 0 replies \ @BlokchainB OP 21 Jul

But it could be! People need to eat! Having equity in Mikes might not make you rich but it should keep up with inflation.

As long as they don’t ruin the brand it can easily be a 20 year stock that outperforms a bond.

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