Unfit companies make flawed IPOs even worse

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Venture capitalists are encouraging startups to favor direct listings over traditional floats. But while the flawed IPO process is a problem, flawed companies with high expectations are a bigger one, writes richardbeales1.

Venture capitalists have invited more than 100 startups to a meeting on Oct. 1 where they hope to convince them to go public through direct stock exchange listings rather than traditional initial public offerings.

Two dozen venture capital firms are sponsoring the meeting in San Francisco, and the invited companies are likely to go public in the next year, said Benchmark Capital partner Bill Gurley, one of the organizers, according to Reuters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big name IPOs in third quarter brighten gloom for equity market fundraisingA couple of hefty share listings in Europe and the return of AB InBev's Asi...
Source: Reuters - 🏆 2. / 97 Read more »

Exclusive: Nasdaq cracks down on IPOs of small Chinese companiesNasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese ... DEER_ECHO_ JF Is White socialism the only way to compete with China? Do the white communists surrender their vision of individualism, capitalism and free markets? POTUS said the markets would fall if he was impeached ... then he tried to delist Chinese stocks and the market fell... DEER_ECHO_ JF I'm not sure why people view China's money as being worth anything...it is just created by the government on the Internet. antichinazi antitotalitarianism
Source: Reuters - 🏆 2. / 97 Read more »

Exclusive: Nasdaq cracks down on IPOs of small Chinese companiesNasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese ... DEER_ECHO_ JF Is White socialism the only way to compete with China? Do the white communists surrender their vision of individualism, capitalism and free markets? POTUS said the markets would fall if he was impeached ... then he tried to delist Chinese stocks and the market fell... DEER_ECHO_ JF I'm not sure why people view China's money as being worth anything...it is just created by the government on the Internet. antichinazi antitotalitarianism
Source: Reuters - 🏆 2. / 97 Read more »