There is likely to be huge interest in Robinhood’s IPO, given the swirling speculation about the company on social media forums and the media coverage the company received as it became a central figure in the GameStop craze earlier in the year.
LeBron James or Michael Jordan might be the best basketball player, but if you gave them ice skates, I’m not sure they’d be Wayne Gretzky.
I think there are a lot of SPACs now. Some will do well and some won’t. For the right companies, SPACs are great vehicles, but it’s not a fit for everybody.
For all its challenges, 2020 was a great year for Investment Banking. JP Morgan kept top spot, while Goldman Sachs and Credit Suisse both continued to do exceptionally in equities markets, according to a report in the Financial Times last week.
A UBS survey from a few months ago said that 53% of business owners supported Trump. A few weeks later a Yale report showed that 77% of business leaders would be voting for Joe Biden. Only one thing is for sure, the country is clearly divided.
“First it was the rise of the developer; now it’s the rise of the designer. That’s true regardless of sector, stage or business model. Robinhood and Figma have completely different products, but they’re both succeeding in part because of the quality of their product design.”
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