80% is locked up until early next year. This is shorter than a standard IPO so something to consider. I am digging to see how much is available to be unlocked. I seriously doubt it is all 80% as that would mean stock compensation just received would be unlocked which sounds a little crazy. This is from the amended S1. I need to dig through it when I have a few minutes..So 20% of the equity is on the market now, 80% to be out on market next year?
I agree, I normally abhor Dual share classes. I am juggling it in my head as I am giving weight to the fact that they do so much government work that this would prevent big liberal investors like teacher's unions from pushing them to leave the "evil government work" via board membership.I don't like the F shares. I was thinking palantir might be a long-term hold, now I am reconsidering.
I agree, I normally abhor Dual share classes. I am juggling it in my head as I am giving weight to the fact that they do so much government work that this would prevent big liberal investors like teacher's unions from pushing them to leave the "evil government work" via board membership.
I agree, I normally abhor Dual share classes. I am juggling it in my head as I am giving weight to the fact that they do so much government work that this would prevent big liberal investors like teacher's unions from pushing them to leave the "evil government work" via board membership.
good point.Just to counter note this can be avoided by the people leading the company owning a controlling interest. They are setting this up to own little to practically nothing of the company and still control it.
All you have to do is watch Billions on Showtime to understand this. The people running the pension funds aren't super smart MBAs who rival anyone on Wallstreet. Not even close. They keep their jobs (and fat benefits and probably bribes) by returning Alpha. So they chase that shit. They hear hedge fund X say "man we can get you a 20% return FO SHO". Wow, what are you investing in? "It's complicated." 20%? "FO SHO". Ok, put me in for 300 million.![]()
Why are pension funds investing in hedge funds?
New York Subway pension loses over $300 million in collapsed hedge fundwww.marketwatch.com
This shit needs to be made illegal, and the pension managers need to be fired and or thrown in jail.
Is part 2 of the latest season out yet? I am waiting to marathon it since I dont want to subscribe to Showtime for more than necessary.All you have to do is watch Billions on Showtime to understand this. The people running the pension funds aren't super smart MBAs who rival anyone on Wallstreet. Not even close. They keep their jobs (and fat benefits and probably bribes) by returning Alpha. So they chase that shit. They hear hedge fund X say "man we can get you a 20% return FO SHO". Wow, what are you investing in? "It's complicated." 20%? "FO SHO". Ok, put me in for 300 million.
Im in the same boat. Not available for free yet.Is part 2 of the latest season out yet? I am waiting to marathon it since I dont want to subscribe to Showtime for more than necessary.
Oh I will subscribe but for 1 month only. Hence the waiting.Im in the same boat. Not available for free yet.