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Honestly, I bet the employees would much rather it just got acquired. Many companies should do an internal poll, I bet more than 50% want acquisition.
by graphememes 7y ago
Honestly, I bet the employees would much rather it just got acquired. Many companies should do an internal poll, I bet more than 50% want acquisition.
- toomuchtodo 7y agoIt's possible the direct listing is because an acquisition at a premium didn't occur and shareholders are anxious for liquidity.
- graphememes 7y agoHopefully that's not the case, but it certainly appears so.
- ummonk 7y agoWhy would employees prefer acquisition to IPO? Asana has a pretty unique culture which would be in jeopardy after an acquisition. But even without that, I don’t see why employees wouldn’t prefer an IPO.
- TylerE 7y agoBecause they think the stock will tank after IPO and before their shares vest?