[bake]

Here’s a good discussion of IPO pricing, and why it’s not so simple as “set the price wrong”:

http://epicureandealmaker.blogspot.com/2011/05/jane-you-igno...

[rossdavidh]

Huh. Yeah I don't get it. If I sold my kitchen (saying it's 5% of my house) for $30,000 when I could have gotten $50,000, I suppose I wouldn't be broke up about it, but I'd still rather have %50,000.

[rossdavidh]

$, not %, sorry.

[silverlake]

that post mostly says, "the price was wrong, but no-one cares for reasons".