Umair Haque / Bubblegeneration
umair haque  


Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.

Friday, July 30, 2004 is getting sued left and right by investors who feel ripped off post-IPO. Needless to say, this is not a good omen for all of us desperately waiting for the IPO window to open. Pundits have been carping about how the 'problems' with the IPO mechanism have been fixed - this tells investors were expecting a wholly different experience than they got. Caveat emptor is what the Street's defense will be - of course, it's pretty to do that if you've got poor information. The IPO market as a case study in adverse selection? We're getting there fast...

-- umair // 11:19 PM // 0 comments


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