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WISE.LBEARISHSubstantive discussion · 3/5

Wise IPO valuation was unsustainable euphoria

The host argued that Wise's IPO price, at nearly 390 times earnings, was a peak-euphoria valuation that left no room for error and was unsustainable over market cycles.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE