Isn't that a form of secondary market?
On Mon, Apr 27, 2009 at 12:29 PM, Doug Henwood <[email protected]> wrote: > > On Apr 27, 2009, at 11:55 AM, Sean Andrews wrote: > >> but, IIRC, doesn't Doug note in Wall Street that few IPOs really raise >> new funds? > > The proceeds of IPOs mainly go to cash out the original investors. > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
