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faangiq | 2 years ago

They should have just raised a series J.

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pavlov|2 years ago

Raising money after IPO is pretty different because there’s no fantasy element to valuation.

Public companies can raise money by selling shares in a registered direct offering, or doing a PIPE (private investment in public equity). They can even register to sell new shares directly on the market (called ATM). But if there are not enough buyers, it doesn’t help to keep printing shares.