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“by not initially setting it in that $23, $24 range. Snap's…” — Acquired at 22:33

“by not initially setting it in that $23, $24 range. Snap's syndicate of investors or bankers that took them public didn't get their cut of that billion dollars. But everyone that bought the IPO at $17 got to take advantage of that short-term bump. And realistically, we'll talk about this as we grade the IPO, but this…”

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