
Discover more from Course Notes: Continuous Business Learning
TL/DRs of articles I think help with thinking better and balancing the business world view
Over 3,000 subscribers
Continue reading
Facts and Opinions
SelectQuote went public on 21.05.2020, Vroom and Warner Music followed shortly.
Roadshows were done via Zoom and WebEx —> all in all, this is way cheaper for everyone.
NASDAQ: 64 IPOs (as of 30.06.2020), NYSE: 33 IPOs.
Vroom met with 235 potential investors in 7 days vs (usually) 3+ weeks
No need to fly, more time to focus on the job and questions
And, of course, dinners with the family
A shorter span between a [virtual] roadshow and an IPO —> smaller market risk.
NASDAQ and NYSE didn’t lower their fees
The savings, however, are on the rest of the fees: travel, printing [MK: that’s huge], less people got distracted.
No change in regulations [no increase, this is good]