Rise of Super Angels - short, interesting article
I thought this article was a quick and interesting read so wanted to share. Any thoughts are welcome.
"I have commented on how post-bubble regulations have crushed the small IPO market, the prior lifeblood of tech financings. Simply put, the retail invester used to be able to share in the wealth creation of tech giants like Microsoft, Netscape, Amazon and Apple; but after the demise of the small IPO market, the value all gets sucked up by insiders before companies like Facebook go public."
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