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The bank cartels will punish them. Startup ceos ought to have known this since Google’s IPO debacle.
by rajacombinator 8y ago
The bank cartels will punish them. Startup ceos ought to have known this since Google’s IPO debacle.
- regulation_d 8y agoDebacle? An 18% first day bump seems pretty reasonable to me.
- Ericson2314 8y agoYou don't want the price to blow up!
- regulation_d 8y agoSure, you don't want to leave money on the table, but an 18% pop is pretty standard even for normal book building. Seems weird to call Google's Dutch auction a debacle when it had the same result as standard book building.