Re:PagerDuty pops nearly 60% in debut as tech IPO market hea...
by dalbasal on Friday April 12, 2019 @06:01AM
(#19643492)
One way or another, that shouldn't be that big a deal.
The company doesn't necessarily raise that much on IPO day. The importance of raising that sum at a 20% higher/lower valuation probably isn't the biggest thing at stake.
The IPO isn't primarily fund raising, especially for this current crop of more mature unicorns. It's primarily liquidity generating.
The company doesn't necessarily raise that much on IPO day. The importance of raising that sum at a 20% higher/lower valuation probably isn't the biggest thing at stake.
The IPO isn't primarily fund raising, especially for this current crop of more mature unicorns. It's primarily liquidity generating.