R.I.P. Hermii, page-83

Yeah but the IPO was priced at what they actually hit, not based on 50 or 32m so I don’t see the relevance here. If they actually hit 50m they wouldn’t have IPO at a what, 14m MC? This would have been in the 100s of millions IPO. Totally different ball game. For seed investors, I’m sorry and don’t mean to offend but for them to believe the 50m forecast and bought based on that is a red flag in itself and for them to sell at IPO at below the IPO price is saying something about the level of these so called “708 investors” the company is probably better off without them imo