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1) First off, what's so different about an IPO? The road show? Please. Investors aren't plunking down ~20B for a piece of Alibaba 'cause of a slick powerpoint p
by harryh 12y ago
1) First off, what's so different about an IPO? The road show? Please. Investors aren't plunking down ~20B for a piece of Alibaba 'cause of a slick powerpoint presentation.
2) Secondly, companies routinely do secondary sales in which they sell stakes of themselves far in excess of 0.1%.
- adventured 12y agoSecondary offerings are not routine for any given business, even if they occur regularly in the broad market among thousands of companies. It's rare for a company to do a secondary offering.