Ananth Narayan paced his office in Mumbai as the clock ticked toward a revelation that would shock the global financial industry. The 56-year-old former trader — now market regulator — was racing with his team to upload hundreds of pages
Stories by Allison
Reuters | Netscape IPO casts a shadow from 1995 over AI boom
With a $300 billion valuation, ChatGPT developer OpenAI towers over peak Netscape. The trailblazing web browser, however, looms large from Silicon Valley to Wall Street as the 30th anniversary of its world-shaking initial public offering approaches. Both the similarities and
Triangle Business Journal | Durham software firm Avalara confirms plan for IPO
Tax compliance software solutions company Avalara has continued to grow rapidly and now might test the public markets. Jay Ritter shares his insights in this story from Triangle Business Journal.
Bloomberg | Figma’s auction-like IPO set up to capitalize on strong demand
Figma Inc. is running its IPO more like an auction than a traditional listing, in an effort to wring the most out of its highly anticipated public debut. The San Francisco-based company is asking prospective investors in its initial public
Harvard Business Review | New research on how to get workplace rituals right
Plenty of research espouses the benefits of team rituals, including boosts in employee performance and motivation. However, most of the existing literature examines simple rituals (like a team cheer). A new study from Associate Professor of Management Trevor Foulk explored

Mongabay | Now on Wall Street, JBS eyes growth amid scrutiny on deforestation & graft
On June 13, JBS made its Wall Street debut with an opening share price of $13.65. Despite initial reports that the company had underperformed, the stock has remained at midrange levels, within market expectations. “Stock investors see JBS as a
Investopedia | Crypto asset manager Grayscale files for US IPO
Crypto asset manager Grayscale said it confidentially filed for a U.S. initial public offering. The company operates a spot Bitcoin ETF that provides investors exposure to bitcoin’s price movement without owning any of the coin itself. The filing comes after
The Motley Fool | What are SPACs in finance?
A SPAC, or special purpose acquisition company, is another name for a “blank check company,” meaning an entity with no commercial operations that completes an initial public offering (IPO). Jay Ritter shares his expertise on SPACs in this story from
The Motley Fool | SPAC statistics for 2025
SPACs have made up 30% of U.S. IPOs since 2003 — but have they lived up to the hype? Jay Ritter shares his insights in this story from The Motley Fool.
CNBC | IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending
For over three years, venture capital firms have been waiting for this moment. Tech IPOs came to a virtual standstill in early 2022 due to soaring inflation and rising interest rates, while big acquisitions were mostly off the table as increased