Site finance update, 1/15/2020
Hey folks, here's the quarterly update on site finances.
In an Ask MetaFilter question about short term buying of Facebook stock around the IPO, member jeb lays out the crazy world of stock market IPOs, how they function, and why you'll probably pay more than the opening price.
The way the IPO business works is…sort of corrupt, to varying degrees. It's definitely not a good place for the individual investor. Basically what happens is this...