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Dara Albright

 
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  • Facebook Handled Its IPO Exactly Right [View article]
    There would be no America had it not been for those who took on enormous risk in order to invent and start businesses. But risking other peoples money is not assuming any risk at all. That's what the Gov and big Wall Street have in common - they both like to spend (risk) other people's money. And I agree with you, derivatives are destructive. The 2008 financial crisis was a result of Wall Street risking our money, not theirs. Regulations should protect small investors not prohibit them from having the same investment opportunities as the large investors. That is what the JOBS Act does. It democratizes our capital markets. This is not a law that favors Wall Street. It is one that disrupts it. Feel free to read more at http://bit.ly/QmqEOU
    Sep 5 04:03 PM | Likes Like |Link to Comment
  • Facebook Handled Its IPO Exactly Right [View article]
    Yeah, that socialism is working out just great for Europe!
    Sep 5 12:01 PM | Likes Like |Link to Comment
  • Facebook Handled Its IPO Exactly Right [View article]
    Actually, Marcap - this is exactly why true Capitalism DOES work. If you would have understood what I wrote than you would see that our capital markets no longer epitomize capitalism. If they did, then capital would be allowed to flow to small businesses and investors instead of primarily flowing to banking conglomerate, large institutional investor & large corporation. To change the flow of capital, smaller investors, issuers and bankers need to have the same opportunities to invest and raise capital. The JOBS Act is a good start at leveing the playing field but it does nothing to resolve the "aftermarket issue". In order for the public markets to thrive again, we either need to bring back the ecosystem of small cap underwriters, analysts, brokers etc. Or we need to change laws that allow ALL investors (not just accrediteds) to invest in private companies (because that is where the innovation and growth lives today). It's not rocket science. Protecting from fraud is one thing, but regulating risk out of a marketplace will send us back to the stone ages. You have it wrong - Capitalism is what built America. It is socialism that has never worked.
    Sep 5 08:34 AM | 1 Like Like |Link to Comment
  • Facebook Handled Its IPO Exactly Right [View article]
    The last thing I am doing is blaming the victims. I am blaming an unjust regulatory environment that forbids the vast majority from investing in private growth companies and broken market structure that can no longer support companies being public at smaller valuations. These rules didn't seem as unfair in previous decades when companies were IPO-ing at earlier stages of their growth cycle and the investing public was able to capture much a company's growth. 99% of Microsoft’s appreciation was realized AFTER it went public. ALL of Facebook’s appreciation was realized BEFORE. Plenty of money was made in Facebook by those who were able to buy it in the private markets. Unfortunately the investing public was only given the opportunity to buy once it went public at a $104B valuation. The longer the regulators cut off the general public’s access to growth investments while handing them to the privileged on a silver platter, the greater the wealth divide and the more hopeless the economic outlook. There’s a word for a system that only allows capital to flow to and from a nation’s favored and believe me, it is not called capitalism. Read, "How Facebook's IPO Exemplifies the Injustice in the Capital Markets" at http://bit.ly/PZf5h5
    Sep 4 08:38 PM | 2 Likes Like |Link to Comment
  • Facebook Handled Its IPO Exactly Right [View article]
    Well said, Mark! Unfortunately, unlike you, instead of taking responsibility for one's own trading decision, most would rather find someone to blame for his own unsuccessful trade. It is completely absurd for Sorkin to blame a CFO for not handing the investing public a guaranteed return. Facebook's lackluster IPO is purely the result of the investing public waking up and yelling, "We are no longer willing to be the exit strategy for the privileged who, unlike us, are not prohibited from investing in private growth companies!" Our capital markets are broken and unjust. People like Sorkin need to stop passing blame and condemning the very legislation (JOBS Act) that is helping to repair and democratize them! Check out: http://bit.ly/PZf5h5 and http://bit.ly/OVtCsC
    Sep 4 03:43 PM | 1 Like Like |Link to Comment
  • How Facebook's IPO Exemplifies The Injustice In The Financial Markets [View article]
    Please read my two previous articles: http://bit.ly/MpyL7L and http://bit.ly/MpyMZe. I think you'll see that we agree on many points, including that Morgan Stanley did its job by getting the best price for its client. I just don't agree with them whispering to their institutional clients on a road show that they are lowering their numbers while raising the price and size of the offering. I also completely agree that investing is risk and investors should take responsibility for these decisions. I simply feel that smaller investors deserve to have the same exposure to growth companies as larger investors do. But because companies aren't going public until much later in their lifecycle, they are missing out.
    Jun 7 09:44 AM | Likes Like |Link to Comment
  • Facebook's IPO And Cousin Cara [View article]
    So true Alphagabby. So true :-)
    Feb 25 10:39 AM | Likes Like |Link to Comment
  • Bubbles Are Easy To Spot. Well, Almost... [View article]
    Very interesting piece. I completely agree that leverage has been the culprit of every bubble. Just think, if people weren’t buying 80% of household appliances on installment and investing in the companies that manufactured those products on 10% margin, we never would have experienced the great depression. Would love for you to check out: http://bit.ly/sHAd4v/
    Nov 7 11:39 AM | 2 Likes Like |Link to Comment
  • Why Are Private Markets Booming Now? [View article]
    I believe that secondary markets are filling a critical role in our capital markets ecosystem:
    nextstreetjournal.com/.../
    Apr 4 04:48 PM | Likes Like |Link to Comment
COMMENTS STATS
9 Comments
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