Yeah, tanking your valuation is the exact opposite of you want to do before going public. Not to mention that AFAIK pre-ipo stock buying isn’t a thing.
It truly was humorous to hear people with absolutely no business education talk so confidently about how big of a mistake the execs made. As if people with advanced degrees in business and years of experience didn’t know exactly what they were doing.
They knew they’d lose a few million subscribers, but they also knew the people they’re losing were people that they weren’t going to profit off of.
I also had a chuckle at people thinking that the current mod teams were the only people in the world who would be willing to exert control over millions of people for free.
Yeah, tanking your valuation is the exact opposite of you want to do before going public. Not to mention that AFAIK pre-ipo stock buying isn’t a thing.
It truly was humorous to hear people with absolutely no business education talk so confidently about how big of a mistake the execs made. As if people with advanced degrees in business and years of experience didn’t know exactly what they were doing.
They knew they’d lose a few million subscribers, but they also knew the people they’re losing were people that they weren’t going to profit off of.
I also had a chuckle at people thinking that the current mod teams were the only people in the world who would be willing to exert control over millions of people for free.
It absolutely is, and there are even companies out there that specialize in private stock sales and trades.