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The bankers will sell this as building "momentum" for the stock. It does not benefit Dropbox directly in any way, it is literally $360M that could have gone to
by iooi 9y ago
The bankers will sell this as building "momentum" for the stock.
It does not benefit Dropbox directly in any way, it is literally $360M that could have gone to Dropbox but went to the bankers and their clients.
- simula67 9y agoBanks would make money even if stock goes down, through "stabilization" https://www.bloomberg.com/view/articles/2016-11-25/appeals-court-concludes-that-ipos-are-legal https://www.bloomberg.com/view/articles/2016-11-25/appeals-c...