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0 pointsmsoad3y ago0 comments

An IPO will be longer. With the locked out period it will be more than a year

0 comments

Not necessarily if they do a direct listing.

A direct listing would be very unfair to the banks that have patiently waited years to take a multi-billion-dollar chunk of Stripe’s upside in exchange for setting the IPO price (integer between 20 and 50).

htrp3y ago

The level of shade is about as high as the expected ipo pop

mercedsownboy3y ago

Thank you for a great chuckle

1 more reply

yieldcrv3y ago

but at least in an IPO the company would get a financing round, and the banks get to manipulate the market with a stabilizing bid indefinitely

direct listings completely rely on retail buyers for liquidity, and even in the frothiest markets that's not enough money in the face of all employees and the company dumping shares immediately

1 more reply

makestuff3y ago

Those 3rd homes in Miami aren’t going to buy themselves.

1 more reply

j / k navigate · click thread line to collapse

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makestuff3y ago

Not necessarily if they do a direct listing.

khazhoux3y ago

htrp3y ago

The level of shade is about as high as the expected ipo pop

mercedsownboy3y ago

Thank you for a great chuckle

1 more reply

yieldcrv3y ago

but at least in an IPO the company would get a financing round, and the banks get to manipulate the market with a stabilizing bid indefinitely

direct listings completely rely on retail buyers for liquidity, and even in the frothiest markets that's not enough money in the face of all employees and the company dumping shares immediately

1 more reply

makestuff3y ago

Those 3rd homes in Miami aren’t going to buy themselves.

1 more reply

j / k navigate · click thread line to collapse