Financial Times
This is about private markets and public markets. What companies try to get before they go public, and what they can get after that. Usually, it is much less.
I worked for a company in Silicon Valley in the Nineties (Adaptec) It benefited greatly from being an established company with a good track record - and the Tech Bubble that was about to burst.
I knew something was fishy, But everyone else was so happy stuffing money into their pockets, they didn't want to hear any bad news.
It did burst, and I saw accountants bagging groceries in the supermarkets. And young hopefuls going home with empty pockets, and college debt they could never payback.
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