Welcome back.
It’s the last full week of the year, so it’ll be interesting to see how much gets done before the markets slow down during the holidays.
One thing is for sure, the red-hot streak IPOs have been on should cool down a bit. The Wall Street Journal reported Saturday that Affirm was postponing its IPO, following in the steps of Roblox.
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Is Florida the new Wall Street?
The New York-to-Florida pilgrimage has been taking place for years, but typically for those entering retirement.
These days, however, we're seeing an increasing amount of financial firms consider moving their operations down south.
An all-star cast of reporters - Bradley Saacks , Rebecca Ungarino , Dakin Campbell , Alex Nicoll , and Libertina Brandt - teamed up to look into the exodus out of New York.
Click here to read the entire story.
Why the IPO market is exploding in a frenzy that rivals even the 1999 euphoria
Alex Morrell with some nice analysis on why the IPO market is hotter than ever. Alex breaks down all the factors leading to what has been a whirlwind few months in the public markets. Read more here.
What's next for Betterment
Betterment founder and CEO Jon Stein stepped down this week. Rebecca Ungarino and I looked into the challenges and opportunities the fintech faces as it looks to continue to grow. Read more here.
A Goldman Sachs banker shares his 2021 outlook for the travel industry
The travel industry had quite a 2020. Reed Alexander spoke to a Goldman Sachs banker who leads a team helping clients like United Airlines and Delta about what to expect in 2021. Check it out here.
Private-equity insiders at firms like Apollo, Carlyle, and Bain Capital say these tips are key for landing your dream job at their exclusive firms
Want to get a job in private equity? Reed Alexander has you covered with some tips from recruiting experts. Read more here.
Odd lots:
Wall Street is gearing up to buy your house - and lease it back to you (BI)
A Day Trader's Side Hustle Is Turning Volatile Stocks Into Artworks (Bloomberg)
Airbnb, DoorDash Rallies Stoke Debate on Pricing IPOs (Bloomberg)