The following video is part of our "Motley Fool Conversations" series, in which Motley Fool editors Austin Smith and Andrew Tonner discuss emerging trends in their favorite companies.

In today's edition, Austin and Andrew discuss the recently popular (and dangerous) strategy newly public tech companies are using called the "low float" strategy. Under this strategy, companies release a low percentage of their company to the market, which can easily result in a highly inflated market cap. As evidence, consider that 20 of the 25 most recent tech IPOs are already below their IPO offer price.