Hey guys I’m curious given that PWP is going public, is it only their equity partners who have stock in the company and will stand to make many millions from this SPAC deal or are their other employees (eg VPs and MDs) also expected to make millions in the stock offering too?
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Non in capital markets so take this with grain of salt but I think that the big upsides will be for the Spac’s equity owners not for the Partner at PWP that will sell their stakes to the spac.
Of course the gonna earn lots of money but non for the initial jump (think Airbnb IPO)
Why would it jump like AirBnB? The tech growth shit jumps like crazy from speculation and retail investors, I doubt PWP is going to appeal to the same people or for similar reasons.
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