Cameron Turtle helped lead his first IPO last year, then worked on another in June. The stakes were high.
Turtle started working on the Eidos IPO back in 2017, when he realized how"hugely important" it would be for BridgeBio.
"IPOs are kind of incredible that, as long as there's the investor support there, you say the word and the bankers, the lawyers, everyone kind of jumps out to help you do it. For a fee, obviously. But it really is a just a big process to manage," he said."If you have something of value that investors appreciate, you can absolutely get it done."to raise fresh capital from investors, and investment banks play a huge role in shepherding companies through the process.
But after the company went public, an analyst from one of those banks started covering Eidos and gave it a"neutral rating," meaning the analyst doesn't expect the stock to either outperform or underperform the market.
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