"I think it is insanely unfair to the companies, the way they're forced to go through this process.”
The IPO process takes from companies and gives to bankers. Bill Gurley pushed for direct listings, but Wall Street chose to build a “controlled oligopoly.” Full conversation with Bill Gurley linked above.
*Shane Parrish*
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*The Knowledge Project* is a show featuring in-depth conversations with the top CEOs, investors, and business leaders to uncover the timeless principles that drive success. Learn more at https://fs.blog/podcast
