IPO System Is Rigged
9:04–10:19 · 75s
Gurley bluntly explains why modern IPOs are mispriced, accusing banks of ignoring basic supply-demand matching and calling for price-driven allocations like direct listings.
9:04–10:19 · 75s
Gurley bluntly explains why modern IPOs are mispriced, accusing banks of ignoring basic supply-demand matching and calling for price-driven allocations like direct listings.
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