Executive Chairman, Ttec Holdings
Search every verified Bradley Shuster interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a 2012 interview, Bradley Shuster, founder of IPOX Schuster LLC, discussed the state of the U.S. initial public offering market. He described the year as "a pretty good year in terms of IPO performance," noting that IPOX strategies had outperformed for a third consecutive year, driven by companies such as Visa, Philip Morris, and Johnson & Johnson. Shuster stated that many technology IPOs, particularly social media companies, had been "priced really at the top of their potential market cap right out of the gate," leading to volatility and declines for firms like Pandora, Yandex, LinkedIn, and Groupon. Shuster expressed that there remained "a lot of pent up demand for the US dollar deal," especially for large brands, though he said the volatility in tech IPOs could affect the valuation of Facebook's upcoming offering. He advised that "investors and long-term investors especially should stay away from IPOs like Groupon," where the float is used to maximize initial market cap. Regarding pre-IPO investing, Shuster noted its increased popularity but cautioned that retail investors "should be very careful" due to substantial downside risk once companies begin public trading.
“It actually has been a pretty good year in terms of IPO performance. Over a four-year horizon, the IPOX strategies are up on the year, outperforming substantially for the third year in a row, driven by companies like Visa, Philip Morris, and Johnson & Johnson.”
“Investors here in the US do not want any foreign IPOs anymore; it's really the typical traditional good old US IPO which has been doing pretty well.”
“Many technology IPOs, especially social media, have been priced really at the top of their potential market cap right out of the gate, leading to a lot of volatility down the road with companies like Pandora, Yandex, LinkedIn, and Groupon down substantially.”
“There's still a lot of pent up demand for the US dollar deal, especially for big brand Michael Co type of deals. It may definitely affect the evaluation of Facebook coming up for sure because of the big volatility in these tech IPOs.”
Dec. 29 (Bloomberg) -- Josef Schuster, founder of IPOX Schuster LLC, talks about the outlook for U.S. technology initial public ...
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