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PayPal Announces Intent To IPO

Posted by ryuzaki0 on from the get-while-it's-good dept.

seek31337 was the first to write to us with the word-direct-from-the-mouth that PayPal has announced its intention to IPO. Not much other details, but interesting nonetheless.

3 of 180 comments (clear)

  1. What for? by dragons_flight · · Score: 1, Redundant

    I don't know to much about PayPal's operations, but I thought their technology and all worked just fine.

    The point of an IPO is to get a huge infusion on cash, so I can't help but wonder what they hope to do with that money that they aren't doing now?

    Unless of course it's just some greedy execs that are hoping to make a small fortune and then abandon the company.

  2. Suicide. by PeePee · · Score: 0, Redundant

    What the hell are they thinking? Investors are scared shitless of the market right now. And they learned their "Tech" lesson. Regardless of if Paypal has a decent service no one is going to touch a tech based stock. Much less an internet one with a 30 foot pole.

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    Groovy
  3. Wait a second... by MathJMendl · · Score: 0, Redundant

    Does this mean that if I buy shares of PayPal with my PayPal account I get shares of my money back?

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    "I have not failed. I've simply found 10,000 ways that won't work." --Thomas Edison