Precious few of Silicon Valley’s self-professed renegades are ready to rebel against Wall Street. The madcap market debut of design-software developer Figma (FIG.N), opens new tab makes a case they should. An abundance of capital is already keeping companies private for
Faculty & Research: page 3
Read the latest news and research from University of Florida Warrington College of Business faculty, who are thought leaders in their respective fields and provide expert guidance in the classroom. Their research provides industry leaders and individuals with insights they can use in their careers and daily lives.

Mo Wang inducted into Florida Academy of Science, Engineering and Medicine
Mo Wang, Associate Dean and Lanzillotti-McKethan Eminent Scholar, is among the distinguished inductees into the Academy of Science, Engineering and Medicine of Florida (ASEM-FL). Wang is one of eight University of Florida faculty members selected for the organization that brings

Futurism | Someone gave ChatGPT $100 and let it trade stocks for a month
With $100 and a dream, one enterprising Redditor turned ChatGPT into a day trader, and the results so far have been pretty remarkable. Separate research from Assistant Professor of Finance Alejandro Lopez-Lira, though, shows that over years of simulating stock
Tech in Asia | Figma increases IPO target to $1.2b
Figma Inc. has raised the potential size of its US initial public offering (IPO) to US$1.2 billion, according to a filing with the US Securities and Exchange Commission (SEC) on July 28, 2025. The San Francisco-based software company adjusted its
Politico | A public market problem with the private market push
For years, policymakers have sought to bolster the number of publicly traded companies and give everyday investors a chance to get in early on the next Alphabet, Meta or Tesla. The Trump administration’s new push to open up lightly regulated
The Wall Street Journal | Fintech billionaire beats co-founder in fight to keep voting superpowers
Shareholders in Wise, a rare U.K. tech success, voted in favor of moving its main stock listing to New York and extending dual-class shares by a decade. Jay Ritter shares his insights in this story from the Wall Street Journal.
Bloomberg | Ex-trader turned market cop halts Jane Street’s India bonanza
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

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