3 ms·
LogMeIn is a public company. Almost 90% of anyone who bought shares between mid-2016 and early 2019 probably saw a negative return from this because $86/share i
by AznHisoka 7y ago
LogMeIn is a public company. Almost 90% of anyone who bought shares between mid-2016 and early 2019 probably saw a negative return from this because $86/share is still below the price it was at during that time.
If this was a private company/startup, of course you'd be laughing all the way to the bank. Not so if you were a public investor in LogMeIn. Far from it.
- jacquesm 7y agoI was mostly thinking from the perspective of a founder, not from a public investor.
- AznHisoka 7y agoThat might be true though the founder most likely profited most of their money awhile back after the IPO.
- jacquesm 7y agoThe LastPass founder made his stash during the acquisition, it was for $100M or so in cash. But what about the LogMeIn founders the IPO was a decade ago but did they still have a position in the stock, and were they still with the company?
- deleted 7y ago[deleted]