In catching up on my Dealbook articles tonight, I came across an interesting piece about a new boutique ( http://dealbook.nytimes.com/2013/10/07/a-new-investment-bank-kimberlite… ) and two questions came to mind: 1) What are the odds of a boutique succeeding? 2) How is success defined for a boutique? Any insight you guys provide would be greatly appreciated.
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