Dot-Com Crash 2000

1. What was the intended role of each of the institutions and intermediaries discussed in the case for the in force(p) functioning of metropolis markets? There are 6 roles of the institutions and intermediaries: (1) fortuity Capitalists: the venture capitalists provide a very high set of return to their investors for the associated risk. A large part of VCs personal line of credit was to screen good furrow ideas and entrepreneurial team from with child(p) ones. Partners at a VC firm were typically very experienced, intellect business people who worked closely with their portfolio companies to both monitor and take to the woods them to a point where they have turned a business idea into a well-managed, fully functional company that could stand firm on its own. In a sense, their role was to nurture the companies until they reached a point where they were ready to face the scrutiny of the public capital markets after an IPO. (2) Investment Bank Underwriters: Entrepreneurs relied on investment banks in the actual process of doing an initial public offering, and it provide consultatory financial services, helped the companies price their offerings, underwrite the shares and introduce them to investors often in the form of a road show.

(3) Sell-Side Analysts: The main function was to let out research on public companies, and their job involved forming relationships with and talk to the managements of the companies, following trends in the application, and ultimately making buy or sell recommendations on the stocks. (4) Buy-Side Analysts and Portfolio Managers: They were usually assigned to a group of companies within a certain industry and were responsible for doing industry research, talking to the companies management teams, coming up with earnings estimates, doing evaluation analysis, and ultimately rating the stock prices of the companies as either buys or sells. (5) Accountants and Auditors: Independent accountants audit the financial statements of public companies to verify their true statement and... If you want to get a full essay, order it on our website: Ordercustompaper.com

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