To under or overestimate how long something is, be it time or anything else. More generally, to blow it. Also eating a banana with no hands
by aloo69 February 7, 2022
Get the ipo it mug.I'm so bored i'm gonna type ipooipipoipipoipiqwerwerqewrewqrewqrqwerwqerweqk;lj;lj;ljl;j;lj;lkasfdsafadsfasdfadsfdsfdsfas/,m/m/.,m/.,m/.,mzxcvxzcvzxcvzcxvcxzvzcx onto this dictionary and see what pops up!
by Polypher May 3, 2024
Get the ipo[oipi[poi[pi[poi[piqwerwerqewrewqrewqrqwerwqerweqk;lj;lj;ljl;j;lj;lkasfdsafadsfasdfadsfdsfdsfas/,m/m/.,m/.,m/.,mzxcvxzcvzxcvzcxvcxzvzcx mug.Related Words
iPod
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(FINANCE) an initial public offering of stock in a company by a private equity fund that already owns it.
ILLUSTRATION
Suppose we have a company, HCA, that currently a publicly traded corporation. Now, some people with a lot of money arrange to borrow even more money, buy ALL the stock in HCA, and then turn it into a private corporation. All of the shares of stock are withdrawn and the company no longer has to publish its financial data with the SEC.
In theory, the new ownership can totally restructure the management; invest in new assets; divest old assets; retrain staff; or otherwise refurbish HCA so it does its job better and more cheaply. After doing this, it sells the new HCA to the public for much more than it paid for it, and everyone comes out a winner.
In practice, PE fund raids HCA to the tune of $2.5 billion and saddles it with the gigantic finance costs of its own LBO. Investors think they're buying a set percentage of HCA when they buy shares, but they're really just extending the process of vacuuming cash from the pockets of investors.
ILLUSTRATION
Suppose we have a company, HCA, that currently a publicly traded corporation. Now, some people with a lot of money arrange to borrow even more money, buy ALL the stock in HCA, and then turn it into a private corporation. All of the shares of stock are withdrawn and the company no longer has to publish its financial data with the SEC.
In theory, the new ownership can totally restructure the management; invest in new assets; divest old assets; retrain staff; or otherwise refurbish HCA so it does its job better and more cheaply. After doing this, it sells the new HCA to the public for much more than it paid for it, and everyone comes out a winner.
In practice, PE fund raids HCA to the tune of $2.5 billion and saddles it with the gigantic finance costs of its own LBO. Investors think they're buying a set percentage of HCA when they buy shares, but they're really just extending the process of vacuuming cash from the pockets of investors.
MIKE: So I hear that KKR and Bain Capital are selling HCA back to the public. A new IPO, huh?
MARGARET: Avoid it. Ordinary IPO's by companies going public for the first time are doing much better.
MIKE: But that's crazy! It's a sponsored IPO! By KKR and Bain Capital! It's got to be good! They'll still own most of HCA afterward, so they'll do what it takes to make sure the price stays high.
MARGARET: No, they don't care what the share price does so long as they get your money out of you. In the meantime, they've looted the company in the most inefficient way possible: using an LBO financed with junk bonds.
MIKE: Ouch, I guess my head is glad I talked to you about it but my heart is a greasy stain in the pavement.
MARGARET: Avoid it. Ordinary IPO's by companies going public for the first time are doing much better.
MIKE: But that's crazy! It's a sponsored IPO! By KKR and Bain Capital! It's got to be good! They'll still own most of HCA afterward, so they'll do what it takes to make sure the price stays high.
MARGARET: No, they don't care what the share price does so long as they get your money out of you. In the meantime, they've looted the company in the most inefficient way possible: using an LBO financed with junk bonds.
MIKE: Ouch, I guess my head is glad I talked to you about it but my heart is a greasy stain in the pavement.
by Sorry, the good guys lost September 2, 2010
Get the sponsored IPO mug.by judiessjddjakls January 20, 2014
Get the moe ipo mug.The dilation / expansion of a person's ear holes as the result of excessive wearing if iPod earphones.
"That person suffers from iPodilation."
"You listened to the iPod so often you now have iPodilation."
"Because you left the earphones in all night, your ears have iPodilated."
"You listened to the iPod so often you now have iPodilation."
"Because you left the earphones in all night, your ears have iPodilated."
by GM75 February 3, 2010
Get the iPodilation mug.The feeling of embarrasment or anxiety when, while playing songs on shuffle on your iPod in front of a group of people, a guilty pleasure song, or one you would prefer people didnt know you listened to, comes on. The owner of the iPod will then try to make bullshit excuses as to why they have that song, half-heartedly defend the song's presence in their library, or quickly switch the song. Usually the startled DJ will do a combination of the 3.
While Pete and his friends were driving in the car listening to Pete's iPod, suddenly, the latest Jonas Brothers hit single came on, causing Pete iPod Anxiety Effect
Pete-"Oh dude, that's my sister's song I think she must have downloaded it or some shit on my computer..."
Tony- "Bro you dont have a sister."
Pete-"Oh dude, that's my sister's song I think she must have downloaded it or some shit on my computer..."
Tony- "Bro you dont have a sister."
by non descript generic nickname August 29, 2009
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