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The trick to stopping Wall Street listing firms from their slice is NOT SPACs, but rather the “Dutch Auction” IPO method. Created by American Company WR Hambrec
by HaZeust 5y ago
The trick to stopping Wall Street listing firms from their slice is NOT SPACs, but rather the “Dutch Auction” IPO method. Created by American Company WR Hambrecht - and popularized by American Company Google, the Dutch Auction IPO method allows online bidders to pre-emptively bid a stock’s price, which lets companies find an equilibrium for supply and demand that they believe investors will be happy about. This, in turn, allows IPOs to encounter less manipulation and allows them to dodge banking “flips”; where banks set the price, buy it low, and sell high in the future