IPOs traditionally have been the pinnacle of success for companies, but Barry Silbert, founder and CEO of SecondMarket argues that’s no longer true. The IPO market, he tells students in this Entrepreneur Thought Leader Lecture at Stanford University, is dying a painful death. Silbert cites several reasons for this, ranging from Sarbanes-Oxley to the shift to online brokerages, which cut into the research budgets of brokers, who shifted their focus to large cap companies and began paying less attention to smaller ones.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more