Grant Thornton To Release "Blockbuster" Study
Grant Thornton confirmed that the study will be rolled out at a press conference on November 9th. It's been in the works for two years. One VC who's aware of it, Pascal Levensohn, said he was "shocked" when he learned what's in it. "It has really scary statistics about the secular decline in marketshare, globally, that all listed markets in the U.S. have been experiencing since 1997," he said. "This proves that (the IPO drought) has nothing to do with Sarbanes Oxley and the tech bubble. The reality is that America peaked in 1997 as a capital markets force in equities, and since then it's gone straight down and every other market has gone up."
22 October 2009•3 mins read
