4 ms·
Here’s what was left unanswered.... How will the investors do? If the investors at a 2 billion valuation take a bath, they will think twice. If they make mo
by mathattack 8y ago
Here’s what was left unanswered.... How will the investors do? If the investors at a 2 billion valuation take a bath, they will think twice. If they make money, they won’t care. Same with IPO investors. Nobody forces them to invest, and there is a move to take these companies out of indexes.
The strange thing is the self dealing. The founder is already wealthy. Why create the risk of a stink to get a little more money? The damage to the IPO is much higher than whatever he pocketed. This is the true hubris.