Killing The I-Bank: The Disruption Of Investment Banking
CB Insights
OCTOBER 26, 2020
In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. Since a 2016 low, the number of US-based, VC-backed tech companies has steadily increased. The US initial public offering market is broken. STAYING PRIVATE.
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