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The VC likely already has ownership, and a board seat - public companies are susceptible to activist-investors and hostile bids: outsiders who hold little/no st
by overfeed 8mo ago
The VC likely already has ownership, and a board seat - public companies are susceptible to activist-investors and hostile bids: outsiders who hold little/no stake, but an outsized influence.
- bryanlarsen 8mo agoNeither of which would be relevant in the Stripe case, because if Stripe IPO's they'll release a negligible number of shares. It'd be impossible for either group to amass a substantial number of shares.
- overfeed 8mo agoWhy IPO at all, if they will release a "negligible number of shares"?
- bryanlarsen 8mo agoA low liquidity IPO would likely result in a massive share price increase: the number of interested buyers would vastly outnumber the number of shares available.
- true_religion 8mo agoSo what? If you’re selling a low amount of shares, you are still generating a low amount of input to the company. If it neither needs money nor guidance, then why IPO? The owners already have enough of both.