A short conversational transcript reflecting on the emotional experience of a company's IPO day. Speakers (including Jason M. Lemkin and another speaker) describe ceremonial moments—NY Stock Exchange decorated with company colors, ringing the bell, celebrations at a museum—and the sharp return to normalcy and mixed feelings the following day as stock prices fluctuate.
Chapters
But they wrapped the New York Stock Exchange in, like, orange and our colors and our logo. And I just remember I stopped and I turned around because I didn't want Dharmesh to see me crying. And it just grabbed me. And then we got whisked into the giant, like, conference room down in the basement of New York Stock Exchange. And the head of the stock exchange is there. It's just very formal and nice, and people are saying nice words again, like fighting back the tears or on the platform or ringing the bell. And just to see the joy in the faces of our teammates as we went through all that. And then the next day, we had a terrific party at the Museum of Science in Boston. And just the joy and so many tears from so many people who worked so hard. Yeah, it's hard to find that someplace else.
I've only been through it once. It is a magical day, right? The weird thing. And I'm dating my.
The weird thing, when I went through.
It once, and it wasn't as a founder, it was an executive. The weird thing was the next day, everyone was back to work. And it was a weird day then. The party was so fun. I remember standing up on the desks in the office and cheering and explaining to people how it would work. And it is so special, right? But next day was weird. Everyone's looking at each other at their desks. That's it. Like, well, the stock price went down.
Like, a dollar, like, from 80 to 79.
And people were despondent. They were so distracted for a week.
Because I think the stock went from 20 to 80 and then down to 60.