3 ms·
It would be good for people who bought in (higher margin), good for people selling in 6 months (employees), and bad for the company (money on the table).
by sb8244 8y ago
It would be good for people who bought in (higher margin), good for people selling in 6 months (employees), and bad for the company (money on the table).
- breerly 8y agoThis sounds right.
- dcaisen 8y agoDon't forget about the underwriters (investment bankers) who will be paid a hefty sum by Pagerduty (despite underpricing the IPO) and who also just got a ton of goodwill from their top trading clients who got those IPO allocations
- analyst74 8y agoI don't see how this is better for employees, assuming there is a stable price X, whether you price IPO at X * 0.8 or X * 1.2, by the time 6 months is passed and employees are able to sell, it probably have already converged to X.