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Etsy shares doubled from $15 to $30 quickly before sinking. Investors still got their ROI on the prop, so I'd call that a success in valley eyes.
by brador 11y ago
Etsy shares doubled from $15 to $30 quickly before sinking. Investors still got their ROI on the prop, so I'd call that a success in valley eyes.
- mortehu 11y ago> Investors still got their ROI on the prop Was there no lock-up[1] period? 1. http://www.investopedia.com/terms/i/ipolockup.asp http://www.investopedia.com/terms/i/ipolockup.asp
- presty 11y agousually the vcs' lock up period ends at ipo anyway, I don't think etsy is a good example - guess who followed the same pattern (of jumping really high on the 1st day and sinking a few months after IPOing) and is now worth 2x the peak ipo price? https://www.google.com/finance?q=NASDAQ%3AFB&ei=tNp7VbG5O9TAjAGl44DoCA https://www.google.com/finance?q=NASDAQ%3AFB&ei=tNp7VbG5O9TA...