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That implies that their stock price will plummet after they IPO. You'll be able to make a fortune shorting their stock.


It may drop briefly initially, but as we saw with Linked-in, Facebook, or Google, zillow, if the fundamentals are strong, prices will keep rising. No free lunch shorting these.


My point was that it would be if Airbnb's fundraising were truly a pyramid scheme, which it obviously is not.




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