Re:MongoDB shares jump more than 30% in $192M IPO
by SamReidHughes on Thursday October 19, 2017 @03:20PM
(#15510793)
The company would be more valuable (having more cash) or less diluted (having sold fewer shares) if it had IPO'd at a higher price.
If you IPO at 24 and it jumps to 32, hopefully it is still 30 when you can sell. If you IPO at 32 and it drops to 26 cause there is no buzz, you make a lot less when you sell.