Remove Demand Remove Forecast Remove Institutional Investors Remove Valuation
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On Going Public: SPACs, Direct Listings, Public Offerings, and Access to Private Markets

Ben's Blog

Second, by better matching supply and demand, direct listings have generally mitigated the magnitude of IPO Pops, thus engendering better overall price discovery. Most IPOs have lockups that prevent additional secondary shares coming into the market, sometimes for as long as 6-months. Time Period IPO Pop* 1980-1989 6.1% 1990-1998 13.3%

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

Close to 80% responded that manual processes, such as tracking down support, preparing reports and pulling data from different sources, are the biggest pain points they face in the valuation process. Stereotypically, venture capitalists are viewed as less numerically focused than private equity investors.

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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. Each new investor tends to raise valuations and lower returns for all the other competitive investors. However, the asset management industry collectively plays a near-zero-sum game.

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The Big VC Thaw – Why The Market is Moving Again (part 2 of 3)

Both Sides of the Table

I can tell you first hand than bankers are out making road shows to gin up interest in VCs and institutional investors. There is a lot of pent-up demand. The growth and $1 billion valuation of Twitter and its impact on business – The Big Thaw discussion would obviously not be complete without discussing Twitter.

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Grubhub and Seamless: Effecting The Elusive Private-Private Merger

abovethecrowd.com

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. Most models are also based on forward forecasts, which offers another avenue for inflation. I call this the “dueling blowfish” problem.

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