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evanpw
on June 24, 2016
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Twilio opens trading at $23.99 per share
Both are true. The bankers make more money on this deal the higher it prices, but they can't get the next deal done unless they're on good terms with investors.
dforrestwilson
on June 24, 2016
[–]
This is correct. It is a balancing act between two conflicting parties.
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