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A comment on The market doesn't care about your overpriced valuation (Failbook).
http://www.businessinsider.com/facebook-lockup-release-2012-...
You want a high IPO price, but not so high that you can't meet expectations and disappoint. Get tagged as an underperformer and it makes it hard to do future stock acquisitions, financings, hires.
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http://www.businessinsider.com/facebook-lockup-release-2012-...
You want a high IPO price, but not so high that you can't meet expectations and disappoint. Get tagged as an underperformer and it makes it hard to do future stock acquisitions, financings, hires.