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dingaling
on April 15, 2021
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Coinbase opens at $380, up 60% seconds after openi...
So the company could have generated over twice as much revenue from the listing had their financial advisers prices the shares at $20.
Why is that not considered gross incompetence?
legerdemain
on April 15, 2021
[–]
Because Palantir went public through a direct listing to sell existing shares, not issue more.
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Why is that not considered gross incompetence?