Comment on Are Alibaba’s Best Days Ahead, or Behind It?

Are Alibaba’s Best Days Ahead, or Behind It?

This week’s record-setting IPO of the Chinese Internet firm Alibaba makes it feel like it’s 1999 all over again (a year I remember with some regret—I joined a “b to c” dot-com company which folded 18 months later). But I have been feeling for some time that America’s IPO market it’s booming, but broken.

 

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