Thanks to the greenshoe arrangement, Momenta avoided a post‑IPO share price slump below the listing price I guess.

Yeah news of highly oversubscribed and then no pop is also interested

I used to work at an automaker, and Momenta was one of our suppliers functioning as an FDE. Its office was right upstairs from ours, and I even paid a visit there. From my perspective, autonomous driving is a pretty poor business segment. Automaker clients operate on slim profit margins with high sales volume while holding dominant bargaining power; they also tend to delay bill payments. Horizon Robotics’ recent stock price performance backs up this view. Physical in‑vehicle AI may simply lack enough upside narrative to excite investors.

Let’s see how it goes when VC unlocks, Minimax is a good example 😂

Tried to get structured minimax puts in May but was too hard to market make :(

Old Friendship 创业投资人 ChatCut, Wanaka, Manus, Plaud, Robinhood