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Well then you'll be happy to hear that the era of exotic derivatives is mostly over. People nowadays just want to trade standard products (vanilla options, stoc
by mruts 8y ago
Well then you'll be happy to hear that the era of exotic derivatives is mostly over. People nowadays just want to trade standard products (vanilla options, stocks, futures, etc) very quickly.
And the reason startups like VC vs public markets is because they can easily get money on the secondary markets. Going public is a lot of work and comes with a lot of rules. The only reason people did it during the dotcom boom was there was a lot less secondary market capital sloshing around. It wasn't because the stock markets were somehow less "predatory" (whatever that means) back then.