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"IPO reform takes time.
But advocates of IPO reform will tell you that loyal customers tend to hold onto the stocks of their favorite consumer brands.
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"The Google IPO provides a timely opportunity to actually reform the IPO process," Renaissance Capital said.
Since China's initial public offerings (IPOs) started adopting an accumulated bidding inquiry system in 2005, the average underpricing of an IPO on its first day is still above 120 % and market-oriented reform of stock issuing through bookbuilding has failed to fundamentally eliminate the IPO high underpricing phenomenon.
The downside: Continuing, structural problems in the IPO markets, brought on by the raft of regulatory and Wall Street reforms that have gone into effect in the last few years, mean the next great start-up won't have a Google-like IPO.
Every few years efforts to redefine the IPO emerge, and as night follows day, investors get hurt and calls for tighter regulatory reform echo in legislative chambers and cable TV studios.
wrote the Securities and Exchange Commission calling for reforms to the market for initial public offerings, in light of Facebook's IPO.
You announced your IPO on bottles.
An IPO is also on the radar.
An IPO is the long-term plan.
Why reform?
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