I had a typo in my post, I should've written approx. $500 million not $500 billion. Anyhow, the point is the same. Sure, Mart puts out a genial nice persona out there, I appreciate that, but bankers are ruthless (not violent, quietly ruthless) - if you're not, you will lose the deal and someone else will make the 2% fee. The bottom line is that deals get done, they don't languish and someone who sits there double-speaking and using corporate blah blah spin will be given a little shoe box to put their stuff in so they can go make excuses elsewhere. Sounds brutal, huh? Well, I agree, but that is what happens behind closed doors. Even the smallest typos by the analysts are not tolerated (for example, even confusing it's with its and there with their, leaving out "a" or using "an" when you should use "a," etc.). If so, you will likely be fired. Period. And it is obvious to say that a numbers mistake in a 10MB spreadsheet will of course have a banker on the street. That's why when I saw the typos on Mart's site (in addition to the touchy feely language) I doubted his claim that he was an investment banker. Now, again, I must say again, that I have nothing personally against Mart and I hope he succeeds and proves to everyone that he is a great CEO. And I don't know him, so I could be completely wrong of course.
Market Data 
Markets 
AI
