How a $70B Fund Manager Thinks About Investing in IPOs 💵

Do you care about how these companies go public. Like do you care about spack versus direct listing versus IPO. I don't.I only care about the quality of the underlying asset and what I think it can be worth 5 years from now. Now, obviously I do care about the liquidity that I'm getting in the IPO Chimoth. Am I getting a million or 100 million or a billion as the float, right.That's number one. And obviously, I also do care about the percentage that is floating and I do care about the lockup. Those three ele ...