The role of listed markets for technology companies
London, January 30th
The workshop will cover:
- Current IPO conditions in the UK market and the changes in the funding landscape
- How to ensure your position and strategy is accurately telegraphed to investors
- The changing equity research market and the growing role of issuer sponsored research
- Understanding how investors are now consuming content
The event will be held at Edison’s offices at 280 High Holborn, from 3.30 to 5pm with networking drinks afterwards.
Presenters will include:
- Neil Shah – Technology Investment Banking, Stifel
- Neil Shah – Director of Research, Edison
- Dan Ridsdale – Managing Director, TMT
The road to the stock market for start-ups and SMEs. Benefits, requirements and successful stories
Barcelona, November 26th
IESE Business School hosted the conference ‘The road to the stock market for start-ups and SMEs: benefits, requirements and successful stories.’ Moderated by Professor Mª Julia Prats, the conference aimed to clarify and underline the benefits of being listed through the eyes of the different agents involved in the IPO process – entrepreneur, stock exchange and investor.
Speakers of the conference were Jesús Gonzales Nieto-Márquez, Vice-President and Managing Director MaB, Álvaro Castro Martínez, MaB counselor and manager of the Pre-Market Environment, Miguel Angel Bonachera, Founder and CEO AB-Biotics, and Josep Maria Echarri, Parnter Inveready.
Through the sharing of their experiences, the speakers addressed questions such as ‘Could a SME or start-up raise to go public?’ ‘What are the requirements, when and how should it do it?’ Above all, ‘what are the benefits of being listed?’
The public market represents a possibility of financing the company in a way that is supplementary to traditional bank financing. It gives visibility and at the same time force the company to professionalize its structure with long terms benefits. Key topics as liquidity issues and the approach to investors had been discussed, increasing the active interaction with the audience.
The key findings of the event will be presented by webinar in February 2020. The online session will be led by Valentin Brotons Borrell, Capital markets consultant (equity division) at Grupo BME.
From Active Venture Capital Investor to Long-Term Shareholder
Copenhagen, October 29th
The International Venture Club’s annual meeting Smart Capital 2019 in Denmark hosted the First TCM workshop “From Active Venture Capital Investor to Long-Term Shareholder.” Led by Fiorangelo Salvatorelli, partner at Fusion Global Capital, the seminar explored the IPO dynamics of tech companies from the perspective of both VCs and public market investors.
Through a series of new data sets, and an active interaction with the attendees, Salvatorelli challenged the conventional wisdom that the European IPO market is broken and demonstrated the clear upside opportunities for both new public market shareholders and existing venture backers, and the symbiotic relationship between the two in addressing information asymmetries and liquidity.
The analysis presented a comparison between the European, US and Chinese IPO cycles. The US one could be described as long, gradual and sustained compared to European, which appear to be shorter and more frequent. With this analysis private market investors in particular are better equipped to understand when to go public, and how long to maintain their shareholding.
The workshop will be repeated by webinar in November. For more information please contact us.
Fiorangelo was Partner and Head of Research at Lansdowne Partners. During his tenure, Lansdowne assets under management grew tenfold to over $20 billion. Fiorangelo has also held research and portfolio management roles at Newton Investment Management, Fidelity International and CCLA.
Fiorangelo serves on the advisory board of Flemings Family & Partners.
Fiorangelo was a former consultant with McKinsey & Co. in Milan and London and a university lecturer at the University of Oxford Department of Engineering Science and INSEAD.
Fiorangelo holds a MA and DPhil in Engineering Science from the University of Oxford.