Garcia: Companies should price their IPOs as high as possible
Ernest Garcia · Carvana CEO & Co-Founder, Ernest Garcia: Building a $50B Company, Losing 99% and Coming Back · 20VC with Harry Stebbings · Apr 7, 2025 · at 53:08
Ernest Garcia is the co-founder and CEO of Carvana. He discusses IPO pricing strategy with host Harry Stebbings, rejecting the common view that companies should leave money on the table for a day-one stock pop.
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“I don't buy into that. I think price it as high as you can price it.”
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