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Why can't ByteDance just dodge this with a US IPO of a local operating company with dual-class structure?
by jeffbee 3y ago
Why can't ByteDance just dodge this with a US IPO of a local operating company with dual-class structure?
- JumpCrisscross 3y ago> Why can't ByteDance just dodge this with a US IPO of a local operating company with dual-class structure? If they sell 80% of the shares (and voting power), sure. That would require either the largest IPO in history and/or massive valuation cuts.