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I read this, and I still don’t know what this means. > Rather than exiting to an acquisition or IPO, we want to transfer ownership to our community. We will be
by jonathankoren 5y ago
I read this, and I still don’t know what this means.
> Rather than exiting to an acquisition or IPO, we want to transfer ownership to our community. We will be working to make that a reality.
So… the shareholders make a private sale?
There’s a lot of fancy talk, but it sounds like they can’t find a buyer, and are trying a Hail Mary whiles giving some “we deeply care about the mission and the people” clap trap.
- sfblah 5y agoThat was my initial reaction as well.