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Blodget made some good points: http://www.businessinsider.com/facebook-lockup-release-2012-8 http://www.businessinsider.com/facebook-lockup-release-2012-... Y
by RockyMcNuts 14y ago
Blodget made some good points:
http://www.businessinsider.com/facebook-lockup-release-2012-8 http://www.businessinsider.com/facebook-lockup-release-2012-...
You want a high IPO price, but not so high that you can't meet expectations and disappoint. Get tagged as an underperformer and it makes it hard to do future stock acquisitions, financings, hires.