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SEC Rule Change On Direct Listings 'Unquestionably' Spells The End-Game For Traditional IPOs, Says Bill Gurley
Wednesday, December 23, 2020 - 1:02am | 577Silicon Valley investor Bill Gurley told CNBC Tuesday that the change in direct listings approved by the United States Securities and Exchange Commission on Tuesday will "unquestionably" lead to the demise of traditional initial public offerings. What Happened: Appearing on CNBC...
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Lloyd Blankfein Blames SPACs, Free Money For Bubble Territory
Thursday, October 8, 2020 - 4:50pm | 596Lloyd Blankfein, who was the CEO of Goldman Sachs (NYSE: GS) from 2006 to 2018, told CNBC the market is approaching bubble territory. In March, Blankfein predicted a quick recovery for the markets. He tweeted that the underlying economy was strong, banks were well capped, and the...
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Here's Why A Tech Bubble Is More A Reality Now Than Previously Thought
Wednesday, March 25, 2015 - 2:46pm | 394With private tech companies commanding record valuations and public tech companies trading at lifetime highs, some investors in community are convinced that we are in another tech bubble. Roger McNamee, Elevation Partners co-founder, was on CNBC Wednesday to discuss why the valuations of tech...