4 ms·
It's still a lot of cash left on the table. Why aren't dutch auctions more common in IPOs?
by dlubarov 12y ago
It's still a lot of cash left on the table. Why aren't dutch auctions more common in IPOs?
- adventured 12y agoBecause the financial companies that control everything on Wall St. hate them. Box isn't a very powerful company - they're no Google - and can't easily go against the grain. Box desperately needed that IPO, they're burning very large sums of red ink.