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A comment on Snap Jumps in Debut After App Maker Raises $3.4B in IPO. Parent comment

Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by monatron on Thursday March 02, 2017 @11:48AM (#13775571)
The Facebook IPO was a disaster and did stay below target for quite awhile post-IPO
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Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by vostok on Thursday March 02, 2017 @11:51AM (#13775613)
I'm not a banker so maybe I'm missing something, but I wouldn't be too happy if my company popped after the IPO. The way I see it, that just means that I left money on the table.

If anything, this increases my respect for Zuckerberg and team.

I'm not really excited about the prospect of bankers lining their favored clients' pockets with my money.

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Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by brangalinafoeva on Thursday March 02, 2017 @12:14PM (#13775872)
Your company would have left money on the table, but not you as an equity holder.
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Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by vostok on Thursday March 02, 2017 @01:27PM (#13776729)
It's not uncommon to sell your personal shares in the IPO.

Even if you don't sell your own shares, selling 10% of the company at $5 billion (no pop) is strictly better than selling 10% of the company at $3 billion (assuming a 60% pop to $5 billion). The company has more money and you own the same portion of the company.

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Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by maxerickson on Thursday March 02, 2017 @11:49AM (#13775583)
It was a glowing success for Facebook!
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Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by ryanmerket on Thursday March 02, 2017 @11:52AM (#13775632)
Is that why they sued NASDAQ?
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Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by maxerickson on Thursday March 02, 2017 @12:04PM (#13775779)
$1.4 billion pop on Snap publicly traded shares.

$30 million lawsuit settlement awarded to Facebook.

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