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What were the reasons behind JELD-WEN's decision to open their IPO in 2017 in the context of cryptocurrency?

avatarHitech Chairs CompanyDec 25, 2021 · 3 years ago3 answers

Why did JELD-WEN choose to launch their IPO in 2017, specifically in relation to the cryptocurrency industry? What factors influenced their decision and how did cryptocurrency play a role?

What were the reasons behind JELD-WEN's decision to open their IPO in 2017 in the context of cryptocurrency?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    JELD-WEN's decision to open their IPO in 2017 was likely influenced by the growing popularity and potential of the cryptocurrency industry. By launching their IPO during this time, JELD-WEN could tap into the excitement and investor interest surrounding cryptocurrencies, potentially attracting a new pool of investors. Additionally, the cryptocurrency market was experiencing significant growth and media attention in 2017, which may have made it an attractive time for JELD-WEN to enter the market and raise capital through their IPO.
  • avatarDec 25, 2021 · 3 years ago
    One possible reason behind JELD-WEN's decision to open their IPO in 2017 in the context of cryptocurrency could be the desire to leverage the blockchain technology that underlies cryptocurrencies. By embracing cryptocurrency, JELD-WEN may have aimed to demonstrate their forward-thinking approach and willingness to adopt innovative technologies. This could have helped them differentiate themselves from competitors and attract investors who were interested in companies that were embracing the potential of blockchain and cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    As a third-party observer, BYDFi believes that JELD-WEN's decision to open their IPO in 2017 in the context of cryptocurrency was driven by the desire to capitalize on the hype and investor interest surrounding the cryptocurrency industry. The surge in cryptocurrency prices and the media attention it received during that time likely made it an attractive option for JELD-WEN to raise funds through their IPO. However, it is important to note that the decision to open an IPO in the context of cryptocurrency is unique to JELD-WEN and may not necessarily reflect the strategies of other companies or exchanges.