I'm sure all of you are familiar with the Wolf of Wall Street movie. In this movie there is a scene where the stockbrokers from Stratton Oakmont perform an IPO for Steve Madden. How could this be? I thought only Investment Bankers offered to take companies public.
Thank you in advance.
| +267 | UBS Tech MD hires Son (from no-name college) as an Intern | 49 | 1h |
| +166 | WTF IS THIS COMPETITON | 59 | 18h |
| +161 | Mayday, Mayday: Key UBS Leaders (Former Barclays MDs) Abandoning Ship | 28 | 3d |
| +118 | Is banking in the south more sustainable? | 28 | 9h |
| +97 | The Intern Starter Pack | 16 | 7h |
| +75 | Current State of the League Tables | 28 | 14h |
| +51 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 9 | 8h |
| +49 | Perella Weinberg to Cut 10% of Workforce, Including Partners | 31 | 1d |
| +40 | UBS Groups Ranked by Future Outlook | 20 | 1d |
| +32 | PWP Layoffs????? | 18 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Note the types of companies that they took 'public' with the exception of Steve Madden. You don't need an investment bank to go public, it isn't like there is a law requiring you sign up a bank to advise you. You can offer stock directly as long as you have buyers, which is why Investment banks are the path of least resistance. What they are doing is drumming up interest in potential buyers, mainly institutional etc. so that they can bring it public. I won't get into any nuts and bolts, but Stratton functioned much the same way except it dumped stock onto individual buyers via their boiler room style tactics.
Libero id omnis aperiam explicabo sint id. Alias et fugiat quaerat iusto quia perferendis consequatur. Commodi voluptates facere ipsum et. Nihil voluptas dolore perspiciatis id. Officiis vel quaerat nihil dignissimos alias ut laborum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...