Comment by rich_sasha
3 days ago
I guess making a quick buck pre-IPO? It's essentially lending cash on loose terms.
Why they do it via an equity offering and not debt is unclear. You'd imagine the latter is cheaper for a hectocorn.
3 days ago
I guess making a quick buck pre-IPO? It's essentially lending cash on loose terms.
Why they do it via an equity offering and not debt is unclear. You'd imagine the latter is cheaper for a hectocorn.
Anchoring IPO expectations and hype. 100B valuation is useful.