I worked for a company once that did an IPO. I disagree that IPOs are to raise money. In many/most cases, the IPO is for the investors and employees to turn their stock into cash. Especially if you got talented people to work for cheap because they got a bunch of stock options. If you can never exercise those options and sell the shares, it's just Monopoly money.
-----Original Message----- From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes Sent: Thursday, February 6, 2020 7:27 PM To: AnimalFarm Microwave Users Group <af@af.afmug.com> Subject: Re: [AFMUG] 240 and counting... cont'd There have been attempts to build similar space internet services in the past, and no company has figured out how to turn such a system into a huge, global business. Starlink dwarfs all these previous attempts in terms of the size and scope of its ambition. IPOs are to raise money. Maybe StarLink isn’t making ends meet after all. > On Feb 6, 2020, at 7:23 PM, Robert <i...@avantwireless.com> wrote: > > https://www.bloomberg.com/news/articles/2020-02-06/spacex-likely-to-spin-off-starlink-business-and-pursue-an-ipo > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
