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Once they burn the $8B and have to return to the markets for more capital, the terms start to look much worse. It's also pretty bad for employee morale if the o
by AndrewBissell 8y ago
Once they burn the $8B and have to return to the markets for more capital, the terms start to look much worse. It's also pretty bad for employee morale if the only people who get a decent exit from their shares are the VCs & founders.
- bogomipz 8y agoMight you or anyone else know how big their float was on the IPO? Wouldn't the market punish the stock if they went back to the markets for a secondary offering too soon? For that matter what would even would be considered too soon? If they were to sustain their current loss rate wouldn't they have to return to the market sooner than later? Or are there some other instruments available to them that would be preferable to a secondary offering so soon after the IPO?