4 ms·
This is a really interesting read! This gives me a much better sense of how investment banks are actually involved in IPOs, and how you can essentially require
by Hansenq 7y ago
This is a really interesting read! This gives me a much better sense of how investment banks are actually involved in IPOs, and how you can essentially require banks to support certain prices of your IPO using legal agreements.
Also really emphasizes the role of having personal relationships with directors (not just a corporate relationship):
> The first lesson is that the only way for a bank to develop a relationship with a client is for human bankers to develop a relationship with human client executives and directors.