No. of Recommendations: 0
Goofyhoofy:
“20 years.” Give me a break.
I have heard some of what SpaceX has done to game-ify the SP500 for its benefit. I am skeptical that this is a good thing for the world.
Two other things I think about:
1) Has SpaceX/Musk's game-ification of SP500 for the SpaceX IPO actually made it a better investment? I don't go to war with the army I want anymore than I invest with the public rules and laws that I want, I invest with the laws and rules we all in common have. In catch-22 someone is about to walk across the grass in the park despite the "do not walk on the grass" sign. "what would happen if everybody did that?" asks his civic-minded companion? "Then I'd be a damn fool not too" he replies, and sad to say, this is as far as my civic virtue usually reaches. If the world hands me a game-ified IPO that might make me richer, I am likely to go for it.
2) I've always wondered, if the stock has gone public and is now tradable, but ALL the IPO shares that were sold are in principle locked up, then WTF is the market SUPPOSED to be trading?
So its not that 180 days or whatever is too much or too little, but rather, what is the whole underlying idea about going public, but putting some kind of unenforcable limit measured in days weeks months OR years in when these shares, which are supposedly now publicly traded, can be actually publicly traded?
Inquiring minds want to know.
R:
