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A comment on Snapchat Founders’ Grip Tightened After a Spat with an Early Investor. Parent comment

Re:Snapchat Founders’ Grip Tightened After a Spat with an Ea... by argigg on Friday February 24, 2017 @02:23PM (#13726781)
It's a little early to declare mission accomplished. The IPO hasn't actually happened yet. It will be hard to know if limited shareholder supervision reduces the value of the company. But if the IPO is a bust, a lot of people will wonder.
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Re:Snapchat Founders’ Grip Tightened After a Spat with an Ea... by libertymcateer on Friday February 24, 2017 @03:18PM (#13727480)
Fair enough - but the S1 is filed. The IPO is set for Wednesday.

As soon as the shares are sold Wednesday morning, it's champagne time. Granted there is a lockup period for company insiders, but unless they sink the ship in 6 months, they are going to be racing their new yachts by thanksgiving.

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