They sold X number of shares in the IPO at at $68 per share price and then the next morning, shares were selling at >$130 per share. The money left on the table

They sold X number of shares in the IPO at at $68 per share price and then the next morning, shares were selling at >$130 per share. The money left on the table is due to them selling at $68 when they likely could have sold for high (given the pent up demand). Some people argue that they wouldn't have been able to sell all X shares at $130 per share. That may be the case, but it's really hard not to think the $68 price was way too low. You can issue more shares to raise more money and drive the price down, but you never can undo the discount you gave the IPO investors.