Muse Princess Jean
A
I feel kind of dumb here, but I don't know anything about investing money. I have some to invest but idk what I'd be doing? I do want to support Spout. 🤗💜☮️
11:11 PM - Mar 12, 2024
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Robin Caulton
B
In response to Muse Princess Jean.
You are not alone. I don’t know what I am doing either. I am trying to figure out if it is an annual contribution or just a one time contribution.
11:25 PM - Mar 12, 2024
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Kimberlee (Kimbrûlée)
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In response to Robin Caulton.
Right now, it's just a one time contribution but I'm hoping there will be others. I think they want to avoid an IPO that would allow some other entity to come in an buy a majority stake - like Musk did with Twitter.
11:31 PM - Mar 12, 2024 (Edited)
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Muse Princess Jean
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In response to Kimberlee (Kimbrûlée).
See, I don't even know what an IPA is? I'm sorry, just older and uneducated in this arena. I never had a chance to invest or the money to invest in anything until recently. I literally know nothing about stocks, the market, none of it. I feel so dumb. I SHOULD know this stuff.😢💔
11:16 AM - Mar 13, 2024
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Kimberlee (Kimbrûlée)
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You are not dumb at all. It's just one of those terms that I've become familiar with over the years. IPO stands for "Initial Public Offering." It's when a private entity makes its first public stock offering. If a company is public anyone can purchase stock in the company. That's how Elon got X.
In response to Muse Princess Jean.
11:32 AM - Mar 13, 2024
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