The Starlink Spinoff: How to Invest Before the IPO

Understanding the Starlink Spinoff Thesis The core investment narrative revolves around a corporate spinoff, a process where a parent company divests a subsidiary, allowing it to operate as a standalone, publicly-traded entity. SpaceX, the dominant private space...

OpenAI’s Financials: What We Know Before the IPO

OpenAI’s Revenue Trajectory and Business Model OpenAI’s primary revenue engine is its API and platform services, which provide developers and enterprises with access to its powerful suite of AI models. This includes the GPT-4, GPT-4 Turbo, and GPT-4o families for...

Starlink IPO: Analyzing the Potential Valuation

The Core Driver: Starlink’s Business Model and Market Disruption Starlink is not merely another satellite internet provider; it is a foundational technology play aiming to create a global, high-speed, low-latency broadband network. Its business model is multifaceted,...

Key Steps in the Initial Public Offering Journey

Selecting Underwriters and Building the Team The IPO journey commences not with a regulatory filing, but with the strategic assembly of an expert team. The company’s board of directors initiates a “bake-off,” inviting pitches from several investment banks....

The Role of Investment Banks in an IPO Process

An investment bank, formally known as an underwriter, is the principal architect and engine of an Initial Public Offering (IPO). Its involvement is multifaceted, stretching from the initial strategic advisory phase long before the public filing to the final moment the...