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Not in this case I presume, unless German investors are that daft. They crashed from an IPO price of almost 40 to a 50+ price, but are currently trading at 18.
by fakedang 6y ago
Not in this case I presume, unless German investors are that daft. They crashed from an IPO price of almost 40 to a 50+ price, but are currently trading at 18. Not to mention, this action seems like a betrayal of trust to any investor. Investors usually don't understand business models but I'm assuming a significant number do understand how to read into profitability data.
- rbanffy 6y agoAre the institutional investors still around or have they cashed out?
- fakedang 6y agoLooks like it's 4.5% Samwer, 23.2% public, 27.2% institutions and 45.1% VC/PE, all of which is held by Global Founders Capital Management, which is the holding company for the Samwer clan.
- rbanffy 6y agoYeah... Some of those may not want to do it again. Others may find some way to prevent this behavior in the future.