The Wall Street Primer: The Players, Deals, and Mechanics of the U.s. Securities Market

by Pedersen, Jason A.

• ISBN13: 9780313365157
• ISBN10: 0313365156
• Format: Hardcover
• Copyright: 2008-11-30
• Publisher: Greenwood Pub Group

Summary

How does Wall Street, that great bastion of American Capitalism, really work? This book provides the multifaceted answer to that question clearly, concisely, and on a practical level for anyone seeking to better understand the inner workings of the capital markets. Tracing the dealings of a fictional company from inception to maturity, The Wall Street Primer provides the reader with practical insights on Wall Street and its functions and operations. Written for professionals new to the industry, investors, job seekers, students, brokers and traders, and entrepreneurs and business executives, the book goes well beyond "nice to know" information. Instead, it will be, for many people, "must have" information about organizations, professions, and transactions that can help them make deals, get ahead in their careers, or better fund and build their businesses.

Table of Contents

Preface	p. ix
Acknowledgments	p. xiii
The Basics: With Personal Observations on the Wall Street Environment	p. 7
The Three Principal Ingredients of a Business	p. 9
Seed Capital and Related Matters for Startups: With a Briefing on Securities Lawyers	p. 15
Early Stage Institutional Capital: With a Briefing on Venture Capitalists	p. 21
Mid-stage Private Capital: With a Briefing on Accounting Firms	p. 33
Later-stage Financing and Investment Bankers: With a Briefing on Investment Bankers-Part I	p. 39
Late-stage Financings and Private Placements: With a Briefing on Engagement Letters: With Personal Observations on Private Institutional Capital	p. 45
Paths to Liquidity for Private Companies	p. 55
Considerations for Selling a Private Company: With a Briefing on Private Equity Firms	p. 61
The Process for Selling a Company: With Personal Observations on Private Company Sales	p. 69
Initial Public Offerings: Selecting Underwriters: With a Briefing on Investment Bankers-Part II	p. 83
Initial Public Offerings: Transaction Process and Structural Considerations: With a Briefing on Stock Exchanges: With a Briefing on Sellside Research Analysts	p. 95
Initial Public Offerings: Valuation and Marketing: With a Briefing on Institutional Sales	p. 113
Initial Public Offerings: Pricing, Trading, and Other Thoughts: With a Briefing on Retail Stockbrokers: With Personal Observations on IPOs	p. 125
Public Investors and Life as a Young Public Company: With a Briefing on Trading: With a Briefing on Institutional Investors	p. 139
Follow-on Offerings and Liquidity for Insiders: With Personal Observations on Public Investors	p. 153
Acquiring Businesses: Targeting Opportunities to Fuel Growth	p. 165
Acquiring Businesses: Valuations, Fairness Opinions, and the Approval Process: With Personal Observations on Strategic Acquisitions	p. 175
Business Difficulties and Stock Drops	p. 185
Financing Considerations for a Maturing Business: With an Added Commentary on Technology and Its Impact on Wall Street	p. 193
When Things Slow Down: Creating Shareholder Value and Related Topics: With Personal Observations on Public Companies	p. 209
Schematics	p. 217
Glossary of Selected Terms and Acronyms	p. 221
Index	p. 239
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