Unfortunately because the media gives such fawning press coverage to IPOs that "pop" the companies also want it to happen. No executive wants to have the IPO th

Unfortunately because the media gives such fawning press coverage to IPOs that "pop" the companies also want it to happen. No executive wants to have the IPO that dips on Day 1. Now if they were thinking rationally they'd realize the extra funds raised from a high IPO price are worth much more than the positive media coverage from a pop, but we all know that people response irrationally to media coverage.