Episodes

Josh Wilson 00:00:00 Having 70 conversations with someone who has taken the company public or been a part of the public market. What's a common thread in terms of character traits or personality that you have seen amongst those different interviews? Seth Farbman 00:00:13 Yeah, that's actually a great question. Nobody's ever asked me. you know, it really runs the gamut. I mean, there are some there are some CEOs that we work with on the public company side that you'd be fairly surprised to find ...

What is a 10-K A 10-K is a company's annual report Every year reporting companies that have stock that's traded publicly have to put out a report to the public that tells them what their results were for the year end from both a financial and an operations and business standpoint It's a very informative form Anybody who's considering investing in a public company should go out and read their most recent 10-K and their 10-Q Disclaimer: Joshua Wilson is a registered investment banking representa...

A lot of people who are looking to sell their companies, they're not going to go just to a strategic or private equity. They're going to go to a family office if they care about what the company is going to look like in 10 or 20 years. And that's where things like permanent capital with family offices have. It is objectively a superior model. It's just very few families have the ability to execute. I think in 5 to 10 years, more and more will. Disclaimer: Joshua Wilson is a registered investmen...

"What is an underwriting agreement?" Lou Taubman explains that it is a formal contract between a company and an investment bank, detailing the terms for selling securities. The agreement outlines responsibilities, pricing, share quantity, and timelines, ensuring transparency and due diligence. This document is crucial for the success of public offerings or additional securities sales, making it a key topic for investor relations, CFOs, investors, attorneys, and accountants. Disclaimer: Joshua ...

Bullet Points Concept of a "north star" as a guiding principle in life. Intersection of prosperity and purpose in personal and professional pursuits. The balance between financial success and making a positive impact. Importance of aligning personal values with professional goals. Examples of notable entrepreneurs and their philanthropic efforts. Influence of personal experiences on charitable motivations. The role of entrepreneurial spirit in driving social change. Encouragement to supp...

What is a 10-Q A 10-Q is a quarterly report Most public companies put out a tenK once a year their annual report and 3 tenQs one for each quarter of the year So you have your first quarter 10-Q your second quarter 10-Q your third quarter 10-Q and then after the 4th quarter you'll put out your 10-K which is your annual report Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes on...

A monumental wealth transfer is set to reshape the dynamics of family offices, bringing both challenges and opportunities. This episode explores practical strategies to enhance connectivity, prepare for the future, and manage the shift of inherited wealth effectively. • Wealth transfer estimated to rise from $10 trillion to $84 trillion • Family offices facing overwhelming complexities in wealth management • Need for improved connectivity among family offices discussed • Effective strategies fo...

What is an ATM An ATM refers to an at-the-market offering If a company is eligible to use S-III they can set up what's called an ATM facility This typically involves hiring an underwriter to act as the ATM underwriter and it allows the company when market conditions are favorable to tell the underwriter they want to sell a certain amount of their shares in an at-the-market offering meaning at the price of that the stock is currently trading on the market Disclaimer: Joshua Wilson is a register...

What documents are included within an IPO process Well the main document that you'll see is the registration statement on Form S-I That's what investors see when they go to invest in the company The company will also negotiate an underwriting agreement an agreement regarding the distribution of the securities between itself and the investment bank As part of the registration statement there's also the financial statements which are prepared by the company and reviewed or audited by its auditors...

What is the role of auditors in an IPO? The auditors are the independent accounting firm They're a third party accounting firm that's hired by the company to verify the financial statements that are prepared by the company's accounting staff Usually it's CFO controller and various accounting personnel All public companies in the U have to have audited financial statements so that you have a third party that verifies that those financial statements are as accurate as possible Disclaimer: Joshua ...

Well the investment bankers are charged their primary responsibility is distributing the securities to the public But they also have a responsibility to do their own due diligence on the public company or soon to be public company And they help with what's called price discovery So they help set the price of the securities Companies always want to sell their securities their shares for the highest price possible The public wants to buy it for the lowest price possible The underwriter or the inve...

What is the role of company counsel in regards to an IPO? Company counsel is primarily charged with preparing the registration statement on Form S-1 which is the document that most investors see when they want to participate in an IPO Company counsel is also responsible for negotiating the underwriting agreement between the company and the investment bank who's their underwriter as well as coordinating due diligence from the company side and facilitating communication across the parties Discla...

An 8 K is a current report That's a report that covers anything that's happened in between the ten Q or the ten K periods Usually it's triggered by a material event such as the company entered into a material contract that's not in the ordinary course of business or the company engaged with a new director or hired a new CEO Those are the types of events that would trigger the filing of a form 8 K Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real est...

Dive into the essentials of S-1 registration statements and their role in public securities sales. Learn about the SEC's requirements and why reading the prospectus is crucial before investing in public companies. Equip yourself with knowledge for smart investment decisions. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or...

What is a registered direct offering A registered direct offering also known as an overnight deal is a discrete securities offering usually made to a small group of investors on terms that are based on whatever the current market price is immediately before the offering is done It's distinguished from an at-the-market offering in that an at-the-market offering is usually done just out into the market where the underwriter is selling securities to whoever is bidding on them A registered direct u...

Who is involved in an IPO The primary player involved is the public company itself or the soon to be public company which is the company that is selling its securities its shares its common stock Also involved is the underwriter That's the investment bank that's helping to distribute those securities to the public So think JP Morgan Morgan Stanley Goldman Sachs Also involved as well is the auditor That's the independent accounting firm that verifies the financial statements of the soon to be pu...

We dive into what an IPO truly is and how it signifies a company's entry into public markets. Learn about the sale of securities, primarily common stock, and the major exchanges like NASDAQ and the New York Stock Exchange. #IPO #InitialPublicOffering #StockMarket #PublicOffering #FinanceEducation #NASDAQ #NYSE #Securities #InvestmentStrategies Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for inform...

Discover what a private offering is and how it differs from traditional securities offerings like IPOs. Learn why these exclusive deals target accredited investors and what opportunities they can provide to high net worth individuals. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or compliance advice. This podcast is not a...

What is a public company Well a public company is a company that has a class of securities usually common stock that are traded on a public market such as the NASDAQ or the NYSE It also refers to a company that reports publicly files ten K's ten Q's makes its information available to the public Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered...

Defined by CIRI (Canadian Investor Relations Institute), “Investor relations is the strategic management responsibility that integrates the disciplines of finance, communications, marketing, securities law compliance, and sustainability to achieve an effective flow of information between a company, the investment community, and other stakeholders, in order to support an informed valuation of the company’s securities and enable fair and efficient capital markets.” Disclaimer: Joshua Wilson is a ...

Join us as we explore the thrill of client roadshows in investor relations. Discover how these experiences provide invaluable insights and foster connections with some of Wall Street's brightest minds. Get ready to unlock the secrets behind effective client engagement and networking! Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, fina...

Discover the essential components of an effective investor presentation that captivates audiences. We cover mission statements, crucial statistics, and the importance of showcasing your management team and strategic partners to build investor confidence and trust. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or compliance...

Discover the vital distinction between investor relations and public relations. We delve into how IR serves as the communication link to investors while PR manages the company's public image with media outlets. Gain insights for effective corporate communication strategies. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or ...

An investor relations website is crucial for enhancing transparency and trust. It provides investors with essential financial information while helping executives minimize repetitive inquiries and share crucial updates efficiently. Streamlining communication supports both parties' needs, enabling better focus on core business objectives. Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational...