Leaving Money On The Table
from the saw-it-coming dept
Last week, in response to Autobytel's raising IPO price, I pointed out that this demonstrates how all these high flying internet IPOs are really leaving money on the table, which no one seems to talk about. The higher it jumps, the more money the company doesn't get, that it could have. Apparently, someone at the Industry Standard agrees with me. Of course, this article goes a little deeper into the matter and actually suggests a reason why this is okay. I don't buy it, though.
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