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What would Wall Street care? All that matters is that a company goes public while there is still some (perceived, at least) upside for retail investors. If the
by diego 7y ago
What would Wall Street care? All that matters is that a company goes public while there is still some (perceived, at least) upside for retail investors. If the main company of going public is to give investors / employees liquidity, then of course they are going to bomb. If the company has real upside, then it will be fine.
- danso 7y agoInvestment banks (i.e. "Wall Street) underwrite and manage the IPO.
- the_watcher 7y agoHow does that make sense? A DPO for a company that doesn't need more capital to give employees liquidity doesn't imply a bomb at all.
- streetcat1 7y agoRetail investors represent at most 5% of trading, most likely 1%. And even then most of them are in index funds. The game today was consolidated into huge players, almost all are institutions. The problem here is that of pricing (and nothing more). Wallstreet wants to pay X, but VC wants 5X. This is why the "window" is closing.