Welcome to WebmasterWorld Guest from 18.104.22.168
Forum Moderators: goodroi
Welcome to the Archipelago Exchange® (ArcaEx®), the nation's first totally open, all electronic stock market. Our alliance with the Pacific Exchange® (PCXsm) creates a market place that features the best of both worlds — all electronic trading, openness, speed and a best execution model.
Let's say a fair price for a Google share is $150. Had they gone through the traditional methods, they would have pulled in $150 less the traditional 15% discount or $127.50. That means Brin's bravado cost his company several billion dollars in working capital. Hey, great going guys. You must be all smiles.
The only winners today are the VCs and investment bankers who bought in and sold out.