Ayan Agarwal '21, Author at Dartmouth Business Journal

Horizontal Disruption and Private Equity Dominance Will Drive 2019 TMT M&A

Spending on technology acquisitions moved at a record pace in 2018. Technology giants including Microsoft, SAP and Salesforce announced billion-dollar deals after not completing any in 2017. Private equity firms spent more money on technology sector acquisitions than ever before.... Continue reading...

Markets

The Middle Man Lives: Wall Street Equity Underwriting after Spotify’s Direct Public Offering

In 2004, a technology startup looking to raise capital through an Initial Public Offering (IPO) decided to forgo the traditional route, instead using a novel method colloquially known as the “Dutch auction”. Here, investors bid for the stock to dictate... Continue reading...

Markets

The Failure of Venture Capital

The nature of venture capital (VC) investment is highly uncertain. When startup investors pick their investments, they may end up with a return anywhere from zero to 50 times what they put in. The National Venture Capital Association reports that... Continue reading...