3 ms·
SNAP IPO'ed at $17.60 and it's close to 50% of that now, so this isn't just losing the covid-era gains.
by disqard 4y ago
SNAP IPO'ed at $17.60 and it's close to 50% of that now, so this isn't just losing the covid-era gains.
- nly 4y agoSo a successful IPO then. Private equity investors made out like bandits
- yieldcrv 4y agoYeah it was a $100bn company last year! Very successful area to have shares liquidated
- rchaud 4y agoGoing public is the endgame for SV startups, because VCs and founders can dump their bags. Nowhere else would heavy losses year after year be celebrated because it reflected "growth".