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Not necessarily. They could be ready and this is the next logical step. Earlier investors could be pushing for liquidity. Maybe some of the early people - espe
by caseysoftware 11y ago
Not necessarily.
They could be ready and this is the next logical step. Earlier investors could be pushing for liquidity. Maybe some of the early people - especially founders - want to move on and do the next thing.
On the last point, non-trivial share holders are generally locked up from selling for 3-6 months after the IPO to reduce the likelihood of a "pump & dump" scheme.