He's the private investor
Private investors get their shares outside BitFunder. It's called an I
PO for a reason...
Well, I didn't see that the time limit for the first 14.5 million shares was yesterday. So it could be the issuer himself to ensure success of the first batch. However, if the second and third batch do not do well enough, he can be screwed by this.
I suppose issuers only get the whole sum after the whole IPO succeeds...
And,
OMG do you even IPO?
,
this is my first Bitcoin IPO, yes, a problem with that?. I own other stocks as well, but bought them after the IPO was finished.