03892cam a2200469 i 4500 22336297 BJBSDDR 20250225133622.0 ta 211207s2022 nyu b 001 0 eng d 2021952135 9781538707883 (hardcover) 1538707888 (hardcover) (OCoLC)on1257292746 YDX eng rda YDX PX0 OJ4 JAS OCLCF UAP DLC eng lccopycat HG 4751 C187g 2022 658.15224 Campbell, Dakin 40768 Going public : how Silicon Valley rebels loosened Wall Street's grip on the IPO and sparked a revolution / Dakin Campbell. First edition. New York, NY : Twelve, 2022. viii, 320 pages ; 24 cm. text txt rdacontent unmediated n rdamedia volume nc rdacarrier Includes bibliographical references (pages 291-308) and index. A behind-the-scenes tour of the high-stakes world of IPOs and how a visionary band of startup executives, venture capitalists, and maverick bankers has launched a crusade to upend the traditional IPO as we know it. GOING PUBLIC is a character-driven narrative centered on the last five years of unparalleled change in how technology startups sell shares to the public. Initial public offerings, or IPOs, are typically the first time retail investors can own a piece of the New Economy companies promising to rewire economic rules. Selling IPOs is also one of the most profitable businesses for Wall Street investment banks, who have spent the last 40 years protecting their profits. In an era when algorithms and software have made the financial markets more efficient, the pricing of IPOs still relies on human judgment. In 2018, executives at music-streaming service Spotify sought to upend the status quo. Led by a trim and understated CFO, Barry McCarthy, and a shy but brilliant founder, Daniel Ek, they took a wild idea and forged something new. GOING PUBLIC explores how they got comfortable with the risk, and how they lobbied securities watchdogs and exchange staff to rewrite the regulations. Readers will meet executives at disruptive companies like Airbnb, DoorDash, venture capitalists, and even some bankers who seized on Spotify's labor and used it to knock Wall Street bankers off the piles of fees they'd been stacking for so long. GOING PUBLIC weaves in earlier attempts to rethink the IPO process, introducing listeners to one of Silicon Valley's earliest bankers, Bill Hambrecht, whose invention for selling shares online was embraced by Google founders Larry Page and Sergey Brin when they auctioned their shares in 2004. And it examines the recent boom in blank-check companies, those Wall Street insider deals that have suddenly become the hottest way to enter the public markets. GOING PUBLIC tells stories from inside the room, and more. Going public (Securities) United States. Cotización en la bolsa de valores Estados Unidos 6726 High technology industries Ownership United States. Industria de alta tecnología Propiedad Estados Unidos 40850 Santa Clara Valley (Santa Clara County, Calif.) Economic conditions. Valle de Santa Clara (Condado de Santa Clara, California) Condiciones económicas 6709 Wall Street (New York, N.Y.) Wall Street (Nueva York, N.Y.) 33984 7 cbc copycat 2 ncip 20 y-gencatlg lcc BK dpf 122855 122855 0 0 lcc 0 0 CS BJB BJB CS 2025-02-24 0 HG 4751 C187g 2022 00000173354 2025-02-24 00:00:00 1 2025-02-24 BK