I agree. These investors are already completely exposed. Their only way out of the hole is to dig themselves deeper and wait for 60 days or whatever after IPO to recoup their investment.
It is also why they are valuing themselves so high. They need it to be that high. To return value to shareholders.
alt Hacker News
I agree. These investors are already completely exposed. Their only way out of the hole is to dig themselves deeper and wait for 60 days or whatever after IPO to recoup their investment.
It is also why they are valuing themselves so high. They need it to be that high. To return value to shareholders.