Do you have experienced advisors, including lawyers, auditors, financial consultants, and investment bankers? Advisors who routinely work with the SEC and investment bankers who truly understand your market sector will help proactively identify key issues, accelerate the timeline of the transaction, and generally avoid pitfalls that can delay offerings, create disclosure issues, and cloud the process.
Investment bankers and leading analysts should be carefully considered. The appropriate number and mix of lead bankers for your IPO will vary by deal and should reflect a team that work well together with complementary skills that are focused on getting the deal done. Your lead bankers should mirror your passion and insight when telling your story. Choose co-managers with analysts who have good reputations in your industry and who believe in your business model.
The best advisors are those who deeply understand your business and care about you and the outcome. You will be spending a lot of time with this group and relying on their judgment, so choose carefully!