David Solomon
speaker
1,572 appearances
35 recordings
8 series
first heard Oct 2025
last heard 8 Jul
David Solomon’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 35 in all, peaking in Feb 2026 with 14.
Appearances
There are different pressures.
There's a different life cycle of how you have to respond.
You will run it differently.
And so my advice has always been wait as long as you possibly can to go public.
Okay, if you're giving advice to companies.
And I think companies have recognized the capital's been available privately at most scale.
The liquidity has been available in a variety of different ways at most scale.
The currency thing is tricky, but generally speaking with these growth companies, they don't need the currency because they're growing, they're not doing M&A.
And so I think you're going to see a bunch of these companies go public because they need the capital, because they've reached the scale and they have a demand for capital where they need the capital.
And I think the current SEC chairman is working on a variety of things that hopefully will take some of the friction out of going public, which will help a little bit.
But at the end of the day, given the way markets work and indexation and passive funds and ETFs,
A $5 billion market cap company with an $800 million IPO, the discount associated with getting that going has been less attractive to investors.
And part of the reason is public capital, private capital has been available without a discount.
But that, by the way, that could be a cyclical thing.
In other words, we could see periods of time where private capital have a bigger discount, the public market will be more efficient, and then you'll see more of those companies come to the public market.
But I think fundamentally, we're going to operate with fewer public companies and the companies are going to be bigger.
I mean, that's just that's the way the market structures evolve.
Sure.
In fact, somebody said to me recently, this is unprecedented.
They were talking about 10 companies having 30-some percent of the S&P waiting on a market cap base.
Showing 581–600 of 1,572 · page 30 of 79
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