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bkwhopper

bkwhopper on Hacker News

Re:Going Private Again Is All the Rage Among Newly Public Companies on Sunday February 19, 2023 @03:37PM (#34861596)
they benefit because it IPO'd at $20 and then went down to $10 so they are happy to get out at a premium price of $15. Instead of losing 50% on their original investment they are only losing 25%.