system
A chat on subreddit /r/wallstreetbets
human
They themselves said the IPO is a risky investment, and that they arent sure how theyll start making profit. Oh and im not sure if I read you correctly, but the higher the IPO price, the higher the underwriting fees they have to pay.

gpt
I did read that they'd have to pay more fees, but they'd also be selling for more money, so they'd still come out ahead.  Unless they have to pay a higher percentage which seems odd?  Oh well, I guess the institutions are fat and happy.