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On Going Public: SPACs, Direct Listings, Public Offerings, and Access to Private Markets

Ben's Blog

There are a number of trends concerning IPOs and capital formation to note: First, the raw number of IPOs has declined significantly: From 1980-2000, the US averaged roughly 300 IPOs per year; from 2001-2016, the average fell to 108 per year. First, as the below chart shows, IPO pops are not a new phenomenon. 1999-2000 51.6%

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Public Hospital Modern Woes – Aging Infrastructure, Unions, Pensions, High Regulation. 

The Startup Magazine

From California, to Illinois, and New York many of the largest U.S. Felix Rohaytn, widely credited with saving New York City in the 1970’s, recently published “ Bold Endeavors. ” [1] In it he warns: “The nation is falling apart – literally. municipalities are also the most fiscally troubled. Ironically, given the U.S.’s

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Asset Management Is A Bizarre Industry Ripe For Disruption

David Teten

Since I became an institutional investor, my #1 learning is: this is a highly unusual and somewhat baffling industry. Disruptable Pattern #5: Institutional investors are eager to cut larger checks rather than smaller ones. This is like a chef who likes to buy a whole cow in order to serve a client one hamburger.

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In Defense of the IPO and How to Improve It, Part 2: Peeking Behind the Pop

Ben's Blog

Have bankers simply become even more evil in 2020, deliberately diverting more money from a company’s coffers to line the pockets of the buy-side institutional investors who subscribe to IPO shares? From the founding of the New York Stock Exchange in 1792 until 1975, trading commissions were fixed at 0.25% of the trade amount.

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How to Fine-tune Your Small Business Finances—from Funding to Growth [Webinar Recap]

Up and Running

Bates: Josh, it reminds me of when I was doing web sites back in the day in 2000 and 1998 and instead of going and being able to buy a shopping cart you had to code the shopping cart from scratch. We’re building a True SaaS company in Boise, Idaho, not in Silicon Valley or not in New York. Bates: You know Josh—.