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Dublin could become a centre for US technology IPOs (initial public offerings)


patslatt

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Apr 11, 2007
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See We Are Living Through a 'Tech Depression': Marc Andreessen The founder of Netscape and leading high tech entrepreneur Marc Andreesen argues here on CNBC that regulation of public securities markets in the US has become too risk averse and is severely inhibiting public offerings of new technology company shares. This could be an opportunity for the Irish securities industry to specialise in helping small US tech companies do IPOs in the EU with less of a burden of regulation and legal boilerplate. Once those companies became established, they could list on US markets,just as a series of Israeli IPOs have done.

The Irish corporate tax rate of 12.5% and Dublin's technology hub would be among the attractions of incorporating in Ireland.
 

seabhcan

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See We Are Living Through a 'Tech Depression': Marc Andreessen The founder of Netscape and leading high tech entrepreneur Marc Andreesen argues here on CNBC that regulation of public securities markets in the US has become too risk averse and is severely inhibiting public offerings of new technology company shares. This could be an opportunity for the Irish securities industry to specialise in helping small US tech companies do IPOs in the EU with less of a burden of regulation and legal boilerplate. Once those companies became established, they could list on US markets,just as a series of Israeli IPOs have done.

The Irish corporate tax rate of 12.5% and Dublin's technology hub would be among the attractions of incorporating in Ireland.
There's more money in London - why do it here?
 

james5001

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See We Are Living Through a 'Tech Depression': Marc Andreessen The founder of Netscape and leading high tech entrepreneur Marc Andreesen argues here on CNBC that regulation of public securities markets in the US has become too risk averse and is severely inhibiting public offerings of new technology company shares. This could be an opportunity for the Irish securities industry to specialise in helping small US tech companies do IPOs in the EU with less of a burden of regulation and legal boilerplate. Once those companies became established, they could list on US markets,just as a series of Israeli IPOs have done.

The Irish corporate tax rate of 12.5% and Dublin's technology hub would be among the attractions of incorporating in Ireland.
Yeah, that pesky regulation. A quick look at the past decade shows the damage too much regulation can do.

Oh no, wait....
 

patslatt

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Yeah, that pesky regulation. A quick look at the past decade shows the damage too much regulation can do.

Oh no, wait....
According to an insurance company manager who deals with Irish regulators,they are imposing clueless regulations without proper consultation with the industry and regulations that are very inferior to insurers' own internal controls. Thousands of jobs are threatened by this.
 

patslatt

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There's more money in London - why do it here?
Given Dublin's high tech experience,the securities industry in Dublin could develop a specialised niche in tech IPOs. Those IPOs could still be sold to UK investors.
 

Suttree

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Given Dublin's high tech experience,the securities industry in Dublin could develop a specialised niche in tech IPOs. Those IPOs could still be sold to UK investors.
Have many tech IPOs been handled in Dublin by the local financial firms?
 

Analyzer

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Feb 14, 2011
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You must be joking ?

Who would provide the professional services, and audit the firms before IPO ?

the clowns that gave the all clear to the Irish banks, the Quinn Empire, The Dunner empire, etc...

No. There is a massive integrity deficit in the Dublin professional class and business culture. I suggest that it gets cleaned up first.

For all our sakes.
 

Sister Mercedes

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I don't think "This Company is Listed on the Irish Stock Exchange and Regulated by the Irish Central Bank" would provide potential investors with much comfort.
 

Twin Towers

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Do it yourself Pat. I wouldn't postulate a whelk stall to these knockers.
 

patslatt

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Apr 11, 2007
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You must be joking ?

Who would provide the professional services, and audit the firms before IPO ?

the clowns that gave the all clear to the Irish banks, the Quinn Empire, The Dunner empire, etc...

No. There is a massive integrity deficit in the Dublin professional class and business culture. I suggest that it gets cleaned up first.

For all our sakes.
Knee jerk reactions to new business ideas are not a good way to evaluate them,so postpone negativity awhile. Audits would be done by US firms and due diligence by an Irish or US due diligence auditor. Legal services in Dublin are excellent,if pricey. Advice on high tech specialties is available from numerous consultancies.

As for the bank audits,they conformed to the letter of the law but not the spirit of the law. But even now,opaque bank accounting practices for loan losses make it difficult to asses the financial position of EU banks.Also,hindsight is wonderful after booms in which excesses keep growing the longer the booms last.
 
Last edited:

LamportsEdge

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Jan 10, 2012
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Because you can launch any old shyte in Dublin because of the non-existent regulation in comparison to London, Frankfurt or indeed the US.

And the chances of detection pf some dodgy valuation around an IPO are somewhere approaching nil- not by Irish regulatory authorities anyway.

That is the only reason IPOs would move from the states to Dublin. Not because we have such lovely soft evenings.
 

patslatt

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I don't think "This Company is Listed on the Irish Stock Exchange and Regulated by the Irish Central Bank" would provide potential investors with much comfort.
Vancouver Canada used to be the Wild West of Mom and Pop IPOs for natural resource exploration and some high techs. Many colossal resource discoveries were made by those companies but most investors probably lost money on long shot mining drilling,maybe less so on oil and gas drilling. However, losses didn't deter investors who probably regarded Vancouver shares as lottery tickets. When a mining analyst I knew once mentioned a company's shares that were traded "over the counter" (ie unregulated trades off the Vancouver exchange),I joked that Vancouver exchange itself was over the counter.
 
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