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Boop.Fun leading the way with a new launchpad on Solana.
Tell me you don't understand the VC incentive without telling me you don't understand the VC incentive.
VCs are complicit in this game. The seller of the IPO WANTS to get absolutely crushed on the tiny first sell. So that the stock can be deemed a meme. Then they can unload their sizeable bags in the future. It's always been this way and the company and sponsors are part of the grift!

1.8. klo 00.31
Figma just left $2.3 BILLION on the table -- nearly double what they actually raised.
IPO'd at $33. Target open at $95.
That's not "market excitement". It's deliberate underpricing and legalized theft by investment banks who sold it cheap to their institutional buddies. Retail shoves in at open and gets used as exit liquidity.
Same playbook:
- DoorDash: $3.4B stolen
- Airbnb: $3.5B stolen
- 2021 total: $50B stolen
Since 2020, this cartel has stolen over $100 billion that should have gone to real value creators: founders, employees, and retail.
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