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View Diary: Boston Globe: Romney Lied Under Oath In 1991 (93 comments)

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  •  no market because the year before the IPO (2+ / 0-)
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    elwior, wilderness voice

    This was decades before the sort of Facebook pre-IPO private market.

    Of course Rmoney knew that there was an IPO in the future, and that in 1988, Bain hoped it would be able to sell for a far higher price.  

    What do you think venture capital lives for?

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