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The IPO is the liquidity event for the VCs. After that it's the shareholders left holding the bag.
by guelo 10y ago
The IPO is the liquidity event for the VCs. After that it's the shareholders left holding the bag.
- Balgair 10y agoYou really think so? If that is the case, why the long delays in IPOs? You'd think that a 'pump-n-dump' scheme would be more profitable then. Provided that you cannot be implicated in this via many shell companies.
- jyrkesh 10y agoTheir CEO seems to think so. According to this, he's been racing to IPO all along: http://www.businessinsider.com/snapchat-ceo-evan-spiegel-we-need-to-ipo-2015-5 http://www.businessinsider.com/snapchat-ceo-evan-spiegel-we-...