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Yeah, I have personally seen companies inflicting hundreds of millions worth of damages to themselves of not billions as part of pre-IPO work. Extra hilarious a
by jeltz 3y ago
Yeah, I have personally seen companies inflicting hundreds of millions worth of damages to themselves of not billions as part of pre-IPO work. Extra hilarious and sad to watch when the IPO has to be aborted.
- bmitc 3y agoWhy is it so predictable? I know investors don't care about anything other than returns, but what returns do you get when you tank companies in such diametrically opposed ways from how they've operated before?
- gorbachev 3y agoThere are different kinds of investors involved in an IPO process. The investors that have pre-IPO stock and who are looking to sell as quickly as possible, gain from IPO pops, so it's in their best interest to maximize short-term profits. That group of investors include a lot of the existing investors, and in almost all cases the founders and C-suite of the company.