A New Vision for Capital Markets

Title: A New Vision for Capital Markets
Date: 2011-04-13
Speaker: Barry Silbert (SecondMarket)
Link: Entrepreneurial Thought Leaders
 
Just start your business.
Traditionally you go public to raise capital.
Second reason is liquidity for shareholders.
We have the tools and the ability to change the world.Third reason is as a currency to buy other companies.
Last reason is that (going public) is a branding event.
Launch with an MVP.
You don’t launch when everything is perfect. You launch as soon as you’re ready.
You need a good idea. You need some good people. You need to put in a lot of hard work. And you’ve got yourself a business.
Be fearless.
Find an opportunity in something you’re passionate about.
We’re the luckiest generation in history.
We have the tools and the ability to change the world.
Through technology there is an opportunity to change the way Wall Street operates.
Wall Street is in serious need of disruption.
The venture backed industry is tiny relative to the universe of private companies out there.
The key to success for any business is the people.