https://berkonomics.com/?p=4342&utm_source=rss&utm_medium=rss&utm_campaign=shareholders-and-founders-the-muted-thrill-of-the-deal-closing Dave Berkus' business insights Tue, 15 Sep 2020 19:27:34 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=4342&cpage=1#comment-141023 Tue, 15 Sep 2020 19:27:34 +0000 https://berkonomics.com/?p=4342#comment-141023 My favorite closing ever — pulling an all-nighter with opposing counsel to get the opinion letter signed after numerous phone calls with the lawyers in Australia to close the OzEmail IPO at 5:30 in the morning, getting in my car, driving straight to the printer in Palo Alto (who remembers the printer?) and filing the S-1 for the E*TRADE IPO. Those were crazy days, and so much fun. Can’t imagine doing it all by pushing buttons. What a let-down.

]]> https://berkonomics.com/?p=4342&cpage=1#comment-141020 Tue, 15 Sep 2020 18:49:33 +0000 https://berkonomics.com/?p=4342#comment-141020 Wow I really agree. and there used to be dinners! But with startups and boards scattered around the country they always talk about one last meeting and dinner but it never happens any more. Sometimes still get tombstones…my favorite was one from Kayak that says Kayak has purchased ‘x’ in a private transaction (at the bottom it says, ’we don’t use investment bankers 🙂

]]> https://berkonomics.com/?p=4342&cpage=1#comment-141014 Tue, 15 Sep 2020 16:35:32 +0000 https://berkonomics.com/?p=4342#comment-141014 Well done, Dave. You truly captured the wonderful feeling. However as the last lyrics in Tony Bennett’s song goes, “Once upon a time, NEVER comes again.”

]]> https://berkonomics.com/?p=4342&cpage=1#comment-141013 Tue, 15 Sep 2020 16:26:06 +0000 https://berkonomics.com/?p=4342#comment-141013 That is a an awesome story in the second to last paragraph of your favorite closing.

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