That's actually not how underwriting works. If an IPO is a flop right out the ga... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		jdavis703 on Oct 27, 2016 \| parent \| context \| favorite \| on: Palantir CEO Says Data-Mining Company Is Positione... That's actually not how underwriting works. If an IPO is a flop right out the gate sometimes the bank can get stuck with the shares.

cloudjacker on Oct 27, 2016 [–]

That's the risk they take on. I listen to retail investors, they clamor for IPOs no matter what the S-1 says.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact