Gabriel Jarrosson (from Lobster Capital) went through the IPO filings line by line. That’s a cover story, and the real reason is sitting in one number. Some of what he covers: Of the 50 million shares on offer, 36.5 million were existing shareholders cashing out Which means only about $567 million was going to Oura, and roughly $1.5 billion to the people selling About 93% of what Oura would have raised was earmarked for employee tax withholding, so almost nothing left to grow the business submitted by /u/kernelangus420
Originally posted by u/kernelangus420 on r/ArtificialInteligence
You must log in or # to comment.