“A lot of investors will be disappointed at the price”
You are aware that Charlie owns about 40% of the register for Sezzle with the top 20 shareholders representing about 77%.
So you are implying that Charlie and the top 20 would accept a shitty deal based on current or a lower share price in either scenario being takeover or IPO?
Charlie’s legacy would go down as the founder who accepted the shittiest deal with multiples sub 9 while the market activity was showing multiples +30.
I think you’re off the mark here in a big way.
Charlie has shown to be a good operator, it would be premium or nothing in my view.
SZL Price at posting:
$5.93 Sentiment: Buy Disclosure: Held