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Technical question regarding IPOs: is the offering for the entire stock of the company, or just a fraction, and how would potential investors know what fractio
by shimon 16y ago
Technical question regarding IPOs: is the offering for the entire stock of the company, or just a fraction, and how would potential investors know what fraction? $100m would be low for all skype share but high for 2%.
- awad 16y agoA (pre-determined and explicitly stated) fraction. Afterwards, however, shareholders are allowed to sell off their shares, provided they meet any lock-in/holding period requirements first. So, a founder might have to wait 6 months before he can unload his or her shares.