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Re:PagerDuty pops nearly 60% in debut as tech IPO market hea... by remote_phone on Thursday April 11, 2019 @10:28PM (#19641409)
Are you mixing up “ratchets” with “lockup periods”? Ratchets are guarantees for investors that IPO prices hit a certain value other wise they get trued up by a certain amount. This happened to Square for their IPO.
Re:PagerDuty pops nearly 60% in debut as tech IPO market hea... by ChuckMcM on Friday April 12, 2019 @01:26AM (#19642204)
Yes, I was thinking about lock ups.