Not if too many people participating in the stock market are speculators rather ... | Hacker News

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kozikow on Feb 6, 2018 | parent | context | favorite | on: US startups don’t want to go public anymore

Not if too many people participating in the stock market are speculators rather than long-term investors.

wbl on Feb 6, 2018 [–]

Which means they don't care about longterm value. Management serves the owners.

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