May 29, 2019
Drew Bernstein, Co-Managing Partner of Marcum Bernstein & Pinchuk, Quoted in WIRED.com Article “Why Silicon Valley should look to Europe to solve its IPO problem”
As Seen In
The following is and excerpt from the article:
“Take a Chinese unicorn and a US unicorn ‚Äì they are incomparable. Both are growth based, but they operate in totally different governmental and business environments and at much different scales.” Bernstein says the key is for pre-IPO companies to communicate effectively with investors. This involves preparedness in terms of providing accurate financials, clarifying the business model, fielding experienced management teams and explaining how the company can or will make money. And, says Bernstein, “companies touting expansion for the future need to clarify how they will navigate international markets and varying government structures.”