Cordell Eminent Scholar Jay Ritter contributes his insights to this story about how US ECM bankers are facing the slowest market for IPOs in more than six years with few obvious signs that conditions are about to take a turn
Faculty & Research: page 1
The SPAC Era Comes to a Whimpering End
Cordell Eminent Scholar Jay Ritter contributes to this story about newly public companies getting bought out—for far less money—while blank-check promoters prepare for a more skeptical market. Read more in this story from Bloomberg.
Your 2022 summer reading list
Faculty and staff across the Warrington College of Business selected their recommendations for books to read this summer. See their selections and what you’ll get out of reading each in the list below. What I Wish I Knew When I
The Crypto Crash Is Good for Crypto
“The recent fall in cryptocurrency (crypto) and non-fungible token (NFT) values has led to anxiety, finger wagging, and calls for regulation. This is not surprising; bitcoin prices have fallen by one-third in the last 30 days. The largest crypto exchange,
Federal gas tax holiday: Biden says it will provide ‘a little bit of relief’ – but experts say even that may be a stretch
President Joe Biden called on Congress to suspend the federal gas tax to “bring families just a little bit of relief” as average gasoline prices exceed US$5 a gallon. The tax is 18.4 cents on regular gasoline and 24.4 cents
What is curtailment? An electricity market expert explains
Curtailment has a special meaning in electric power systems. It describes any action that reduces the amount of electricity generated to maintain the balance between supply and demand – which is critical for avoiding blackouts. Recently, curtailment has made news
When being politically correct at work depletes employees and backfires at home
Avoiding potentially divisive language and encouraging tolerance are critical steps to creating an inclusive work environment, but they carry a downside. Being politically correct can deplete employees and lead them to act both angrily towards and withdraw from their spouse
Opinion: Delivery drones, robotaxis, even insurance — wildly hyped dreams for AI startups are giving tech investors nightmares
These are just a few examples of the reality that startups are too often funded by dreams that turn out to be nightmares. We recall Apple, Amazon.com, Google, and other grand IPO successes and forget thousands of failures. Recent data from
ANALYSIS: Time Pressure Builds on De-SPAC Deals
In 2021, Cordell Eminent Scholar Jay Ritter predicted that half of SPACs would need to return money to shareholders. After looking into what would happen if half of SPACs didn’t De-SPAC, a new Bloomberg Law analysis finds that more than
Doc’s Prescription: Many special purpose acquisition companies might go bust
Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng contribute to this story about the roughly 25 SPACs (special purpose acquisition companies) have concerns about their financial future, according to the Wall Street Journal. Read more