4 ms·
Former banker here. Really impressed you guys get paid in the same form of consideration as your clients. 100% the way to go.
by at5 11y ago
Former banker here. Really impressed you guys get paid in the same form of consideration as your clients. 100% the way to go.
- jeswin 11y agoI don't see how that's risky, and might even be beneficial to the Banker. Assuming an acquiring company is $1.5B and Dragon was getting $400m in stocks, it would have been impossible to offload it immediately at a good price. OTOH, offloading the Banker's 0.3% is far more easier. In fact, if the overall value of the transaction is higher because it is an all stock deal, the Banker gets a better deal (after immediately selling) than if it were all cash.
- at5 11y agoLock up periods. Would apply to the banker too I'd imagine