Is going public really about the stock price going up? Dan Held says IPOs give shareholders liquidity and ways to hedge, and calls it disappointing that Kraken still hasn't gone…

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Is going public really about the stock price going up? Dan Held says IPOs give shareholders liquidity and ways to hedge, and calls it disappointing that Kraken still hasn't gone public "Kraken, I'm …

Is going public really about the stock price going up? Dan Held says IPOs give shareholders liquidity and ways to hedge, and calls it disappointing that Kraken still hasn't gone public "Kraken, I'm thrilled to see how far it's come from 2019 all the way through today. Coinbase, I think, will always be a little bit bigger, but Kraken is agile." "I can't deny it's a little disappointing they haven't IPO'd yet. Plenty of companies IPO, and the price goes horizontal for months or years, or goes down. Coinbase is down 50% from the IPO." "Public markets simply means that the price is actively traded, employees get liquidity, and you can do more sophisticated things like write covered calls, buy calls, buy puts. So it's not really about if number go up."

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