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DPOs do not preclude company from raising money. Slack did.
by pbreit 7y ago
DPOs do not preclude company from raising money. Slack did.
- paxys 7y agoNo that is exactly what a DPO means. Slack did not issue new shares or raise any money when it went public.
- tomnipotent 7y agoNo, it doesn't. Companies can still issue and sell new shares during a DPO. Where did people get this silly idea that companies do not raise capital during a DPO? Slack simply chose not to do so.
- pbreit 7y agoI thought it was more but Slack did issue at least 1.2m new shares in the offering.