3 ms·

I've always been confused by DPOs. Isn't it essentially a money-grab by initial investors waiting to cash out if you don't need the capital infused by the IPO?

• fossuser 6y ago
  It gives liquidity to employees as well as initial investors and it gives the public the ability to buy shares.
• unishark 6y ago
  Theoretically you still get the capital, assuming you can sell the stock well enough yourself. A DPO just avoids paying the million(s) to an underwriter.