Before that next big business can take the world by storm, it faces a huge hurdle — the capital raise.
Three Eccles School alumni — along with moderator Jeffrey Gelder Lewis — discussed the current climate and challenges facing companies that are trying to expand and grow. Panelists included Matt Marsh of Sorensen Capital, Sam Orme of Bank of America Merrill Lynch, and John S. Pennington Jr. of Bridge Investment Group. These panelists know their stuff, with vast experience in growth equity and mergers and acquisitions. Here are a few of their takeaways:
The best term to describe the current market is “frothy”