Episode 49: The Stitch Fix IPO
Acquired
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IPOs and Liquidity to Employees
Stitch Fix just happened. We don't know yet, but for seeably, yeah, it's M&A, it's ramping up production. Liquidity to employees is super important as we talked about to the, in the Square episode, where suddenly because they basically did a down round IPO, many of their recent employees were very, very under compensated. But I don't think we yet know why, you know, what are they going to do with the cash they raised. And it wasn't a huge IPO either. It was what 100 and. I think they ended up raising 120 million. So they sold less than 10% of the company. Right.
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