There’s an Esop fable in startup Inc’s IPO run, ETCFO
Preliminary public choices (IPOs) of eight new-age web corporations this yr unlocked over Rs 8,500 crore for workers from their excellent inventory choices. Spectacular as it’s, this pales compared to the practically Rs 34,000 crore in wealth amassed by founders and promoters by fairness and share choices, as revealed within the corporations’ purple herring prospectuses…