2019-10-07
“..with data showing that the most dominant banks, Goldman Sachs and Morgan Stanley, have underpriced deals the most — 33.5% and 29.2%, respectively..” “..incentive to give buyers — mutual fund companies and big hedge funds — a deal..” https://www.cnbc.com/...
CNBC
Bill Gurley talks about his drive to persuade more tech startups to choose direct listings, instead of traditional bank-led IPOs, to enter public markets
33.5% and 29.2%, respectively..” “..incentive to give buyers — mutual fund companies and big hedge funds — a deal..” https://www.cnbc.com/... Investors In Vests / @investrsinvests ...