My understanding (and correct me if I'm wrong) is that the people would have sold their stocks, something that is not very liquid and therefore worth less without an IPO or merger. Now, with no merger, they can't get "real" money for their stocks.
> What makes this demotivating?
Well, maybe yesterday they thought they'd soon have a multimillion dollar payout, and all that is gone. I can see how that can be frustrating to some.
My understanding (and correct me if I'm wrong) is that the people would have sold their stocks, something that is not very liquid and therefore worth less without an IPO or merger. Now, with no merger, they can't get "real" money for their stocks.
> What makes this demotivating?
Well, maybe yesterday they thought they'd soon have a multimillion dollar payout, and all that is gone. I can see how that can be frustrating to some.