SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Avant (AVNT)
AVNT 30.97-1.7%12:18 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ploni who wrote (1303)10/30/1997 3:56:00 PM
From: PMylnar   of 3441
 
True. But the profitability of the investment banking machine is massive. If I do a $100mm deal, take a 6% transaction fee, split it 50/50% w/ my brokers and employ 3 investment bankers on the deal at $250k/yr salary, I make a huge margin! Also, remember that as valuations on IPO's go up (ie, deals done above the filing range), I get 6% of that increase at no incremental cost!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext