lecture 1 part 4 Flashcards
1
Q
what is talent acquisition
A
can link compensation with stock performance
2
Q
what is the ipo process
A
origination, underwriting, distribution
3
Q
what is origination
A
investment banker helps the firm determine if it is ready for an IPO
4
Q
what is are the different types of underwriting
A
firm commitment and best effort
5
Q
what is firm commitment
A
investment bank buys the shares at a fixed price
then sells on the open market
makes money if they can sell for a higher price
6
Q
what is best effort
A
price is set and investment bank tries to sell shares
investment bank makes a commission on each sale
7
Q
what is distribution
A
sale of shares on open market
8
Q
who helps with the ipo process
A
investment banker
