The IPO “roadshow” got its name from, well, shows given by hucksters on the side of the road who earned a couple of shekels from the crowd in return for juggling 6 knives at once. For some companies, an IPO isn’t that much different.
And the show begins:
It’s one long bottle of thickly warmed lotion handed out by the bankers. A and Mr. Wu meet with over 150 potential buyers of eventual ticker, BUBB. Most are one-on-one meetings in cozy offices of high rises built of glass and chrome and i...
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