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Suppose a hypothetical IPO in 2018 values them at $100B. They float 10% of their shares on the public market, requiring their iBankers to place $10B worth of s
by hkmurakami 10y ago
Suppose a hypothetical IPO in 2018 values them at $100B.
They float 10% of their shares on the public market, requiring their iBankers to place $10B worth of shares with their clients. Personally I feel like even with bad numbers, give the iBankers a juicy enough placement incentive and they will find a way to place that $10B and collect their fee/spread.
Now, Uber may fail afterwards, but if they really need a public liquidity event, I think they can get it. Directors and C level folks will be able to shed some shares at IPO preceding the lockup and make out like bandits. ;)