How IPO pricing >really< works with @bhalligan in general, and with Figma: - The big buyers & banks do want a lower price, but "really just at the very last minute" - "You don't really want any hedge funds in the deal" - "And at the end of the day, management makes the decision" "And you really want Fidelity, Wellington, etc. in the deal. It's a bit of a game of chicken." with @rodriscoll + @HarryStebbings

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