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Aside from SpaceX: I had never appreciated that IPOs are almost always for a tiny fraction of the shares. It is immediately apparent to me that IPOs where you
by ekjhgkejhgk 7mo ago
Aside from SpaceX:
I had never appreciated that IPOs are almost always for a tiny fraction of the shares. It is immediately apparent to me that IPOs where you only sell a tiny fraction of the shares are less about raising capital and more about giving insiders a chance to unload their shares.