IPO Market Insights
Birkenstock's IPO faced skepticism due to perceived overvaluation, with many investors opting out as it closed significantly below its pricing. The broader IPO landscape remains troubling, with a staggering 97% of SPACs experiencing capital destruction. While some companies are managing to raise capital, the mechanism for wealth building through IPOs is increasingly dominated by a select few.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Exxon Buys Pioneer, Private Credit, and Ireland’s Sovereign Wealth Fund
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