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jmowreader

(53,397 posts)

8. You are very close to the absolute truth

Reply to JayhawkSD (Reply #5)

Mon Jan 26, 2015, 02:24 AM

Jan 2015

The filing admits part of the proceeds will go to "pay off insiders."

What's weird about this one is the size of the company: it's really very small. And the IPO documents appear to give Danny Meyer veto authority over major decisions...you know, like getting rid of Danny Meyer when he refuses to fix his stores so you're not standing in line an hour for a fucking hamburger.

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Is Shake Shack's IPO a good thing? [View all] jmowreader Jan 2015 OP

I think their Dubai outlet is more where they're headed Recursion Jan 2015 #1

I know they've got many overseas locations already jmowreader Jan 2015 #3

I occasionally watch Mumbai-Dubai ticket prices for that reason Recursion Jan 2015 #4

All of that is true with or without an IPO. nt Dreamer Tatum Jan 2015 #2

Pretty much true jmowreader Jan 2015 #6

The IPO is not about expansion, it is about making the present owners rich JayhawkSD Jan 2015 #5

You are very close to the absolute truth jmowreader Jan 2015 #8

Ummm...so? Dreamer Tatum Jan 2015 #13

EGADS indeed. JayhawkSD Jan 2015 #15

Let me help you understand this. Dreamer Tatum Jan 2015 #19

It finally came to LA... zappaman Jan 2015 #7

So I've heard jmowreader Jan 2015 #9

I agree. zappaman Jan 2015 #10

in and out and fatburger are my favorites JI7 Jan 2015 #11

I have the luck (not sure if it's good or bad) zappaman Jan 2015 #12

Call it neutral luck jmowreader Jan 2015 #14

Never understood the attraction with Shake Shack VScott Jan 2015 #16

All burgers are overrated. Dreamer Tatum Jan 2015 #20

My current loyalty is to Smashburger. Since there are MineralMan Jan 2015 #17

It's another Krispy Kreme waiting to happen. eom MohRokTah Jan 2015 #18

I think you are correct. Dreamer Tatum Jan 2015 #21

I think that's a solid assessment fishwax Jan 2015 #26

Going public doesn't have much to do with 1, 2, 3 or 4. nt. NCTraveler Jan 2015 #22

Any of the four should give an investor pause jmowreader Jan 2015 #23

That's assuming the stock exchange is open KamaAina Jan 2015 #24

So Shake Shack's owner's are cashing in. Whatever. nt TeamPooka Jan 2015 #25