Re:Palantir CEO Says Data-Mining Company Is Positioned to Go...
by jdavis703 on Thursday October 27, 2016 @09:04AM
(#12804752)
That's actually not how underwriting works. If an IPO is a flop right out the gate sometimes the bank can get stuck with the shares.
[ Parent
| on HN ]
Re:Palantir CEO Says Data-Mining Company Is Positioned to Go...
by cloudjacker on Thursday October 27, 2016 @09:58AM
(#12805123)
That's the risk they take on. I listen to retail investors, they clamor for IPOs no matter what the S-1 says.