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But why should Twilio care about the next guy in line? Their job is to get the best deal on capital they can get and giving some of that available capital to th
by pilom 10y ago
But why should Twilio care about the next guy in line? Their job is to get the best deal on capital they can get and giving some of that available capital to the underwriters is a bad idea from a shareholders perspective.
- akgerber 10y agoThese days, the purpose of an IPO is as much or more to provide liquidity to insiders as it is to actually raise capital.