abovethecrowd.com

AUGUST 23, 2020

The traditional IPO process does not use a market-based approach (like an order -matching system ) to efficiently match supply and demand and to discover price. Matching supply-demand through an electronic system is exceptionally straight-forward circa 2020. Door #3: The SPAC Merger. Did anyone here take Microeconomics 101?

IPO 118

IPO Silicon Valley Warrant Matching 118

Ben's Blog

MAY 24, 2021

Second, by better matching supply and demand, direct listings have generally mitigated the magnitude of IPO Pops, thus engendering better overall price discovery. The former are often institutional shareholders who can earn rates of return as high as 11% for “loaning” money to the SPAC in search of its target. 1990-1998 13.3%

SEC 36

SEC Accredited Investor IPO Technical Review 36

abovethecrowd.com

MAY 20, 2013

As Benchmark is a large institutional investor in Grubhub, we were actively involved in the merger process, and we are quite excited about the potential of the two companies coming together. Some pretty high-profile mergers have fallen apart because of this issue. 3) Investor/Founder Mindset Challenges.

Merger 53

Merger Institutional Investors Liquidation Preference Preferred Stock 53