For corporate venturers and other investors in entrepreneurs, finding ways to de-rig the game and look again at how to return the markets to their primary purpose would be better as it hampers the efficient cycling of capital to productive and innovative uses.
There is a disconnect in the discussions about the state of public stock markets for venture-backed flotations, or initial public offerings (IPOs).
On the one hand, the US’s two main stock exchanges for entrepreneurs, Nasdaq and the New York Stock Exchange, are by a clear margin the "most promising for venture-backed IPOs globally", according to a global survey by accountants Deloitte in June, and just this past week still offer discount coupon provider Groupon the chance to raised…