They get a chunk of the other 300m. | Hacker News

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		sanswork on May 19, 2011 \| parent \| context \| favorite \| on: LNKD IPO opens huge at $83 They get a chunk of the other 300m.

joezydeco on May 20, 2011 | [–]

Actually it looks like more a chunk:

"By underpricing the stock, Morgan and BOFA gave their best institutional clients a gift of at least $175 million"

http://www.businessinsider.com/linked-in-ipo-2011-5-b

joezydeco on May 19, 2011 | [–]

A recurring chunk, you mean. =)

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