PagerDuty pops nearly 60% in debut as tech IPO market heats up

Re:PagerDuty pops nearly 60% in debut as tech IPO market hea... by sb8244 on Thursday April 11, 2019 @07:14PM (#19640261)

It would be good for people who bought in (higher margin), good for people selling in 6 months (employees), and bad for the company (money on the table).

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Re:PagerDuty pops nearly 60% in debut as tech IPO market hea... by dcaisen on Thursday April 11, 2019 @08:13PM (#19640632)

Don't forget about the underwriters (investment bankers) who will be paid a hefty sum by Pagerduty (despite underpricing the IPO) and who also just got a ton of goodwill from their top trading clients who got those IPO allocations

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Re:PagerDuty pops nearly 60% in debut as tech IPO market hea... by analyst74 on Friday April 12, 2019 @02:44AM (#19642543)

I don't see how this is better for employees, assuming there is a stable price X, whether you price IPO at X * 0.8 or X * 1.2, by the time 6 months is passed and employees are able to sell, it probably have already converged to X.

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Re:PagerDuty pops nearly 60% in debut as tech IPO market hea... by breerly on Thursday April 11, 2019 @07:47PM (#19640456)

This sounds right.

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