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They didn't per-se leave money on the table. The 60% pop is for shares that are actively trading. The actively traded amount is much much less than the amount t
by stanfordkid 11y ago
They didn't per-se leave money on the table. The 60% pop is for shares that are actively trading. The actively traded amount is much much less than the amount that was taken in by institutional investors that would agree to hold the stock for an extended period of time.
- cowsandmilk 11y agoSide question on this: Are there ever efforts to have varying lock-up periods for different institutional investors? So there is a multi-stage gradual introduction of more actively traded shares?
- zwily 11y agoThe bankers typically grant IPO shares to a good mix of long-term and short-term holders.
- prostoalex 11y agoYes, for example, FB http://www.thestreet.com/story/11666479/1/heres-the-rest-of-facebooks-lock-up-schedule.html http://www.thestreet.com/story/11666479/1/heres-the-rest-of-...