The Week That Matters (28 Aug-2 Sep, 2023)

"Banking is a very good business if you don't do anything dumb" Warren Buffet

The IPO Market Is Thawing

Billy Gurley, the famed venture investor and General Partner of Benchmark, a Silicon Valley based VC firm, once described direct listings as a more “elegant way” to raise capital than the traditional IPO process. Of course, he was being disingenuous.

As a former sell-side Wall Street analyst, he knew going the direct listing rou…