Peter Goldstein

Antifragility goes beyond resilience or bouncing back; it involves thriving and improving in the face of volatility and stress. To develop an antifragile mindset, entrepreneurs must be psychologically flexible, optimistic and challenge-oriented. Entrepreneurs can adopt practical strategies to successfully build antifragile businesses and frameworks.

As the US IPO landscape recovers from the 2022 challenges, the 2023 year sets a promising stage for this year. Last year 108 IPOs raised $19.4 billion. This marked improvement, modest by historical standards, signifies a pivotal shift in market dynamics and investor confidence. The diversity of issuers, including significant billion-dollar deals from Arm, Kenvue, and Birkenstock, along with the return of VC-backed tech firms such as Instacart and Klaviyo, demonstrates a broadening market… Show more

As the US IPO landscape recovers from the 2022 challenges, the 2023 year sets a promising stage for this year. Last year 108 IPOs raised $19.4 billion. This marked improvement, modest by historical standards, signifies a pivotal shift in market dynamics and investor confidence. The diversity of issuers, including significant billion-dollar deals from Arm, Kenvue, and Birkenstock, along with the return of VC-backed tech firms such as Instacart and Klaviyo, demonstrates a broadening market appetite. Show less

Reject the Wall Street myth that only unicorns can go public. The reality is that small and micro-cap companies can take this step, and I'm here to guide you through it.

The path toward making your entrepreneurial growth company public is a distinctive journey. It opens the gateway to a substantial influx of capital, which can propel growth, expand operations, and create countless market opportunities.

Surprisingly, few entrepreneurs understand that attaining this pivotal… Show more

Reject the Wall Street myth that only unicorns can go public. The reality is that small and micro-cap companies can take this step, and I'm here to guide you through it.

The path toward making your entrepreneurial growth company public is a distinctive journey. It opens the gateway to a substantial influx of capital, which can propel growth, expand operations, and create countless market opportunities.

Surprisingly, few entrepreneurs understand that attaining this pivotal milestone is much closer and more within your grasp than you've ever dared to contemplate.

Peter Goldstein, an accomplished entrepreneur, seasoned investor, and trusted IPO advisor presents a comprehensive guide tailored to empower entrepreneurial leaders. This invaluable resource equips you with the necessary knowledge and strategies to successfully navigate the intricate journey of pursuing a micro- or small-cap IPO.
Within these pages, you'll find practical knowledge and market insights for achieving a prosperous IPO, even while your company is in its growth phase. Leveraging insights from top industry experts, this book delves deeply into every aspect of the IPO journey, providing expert guidance to assist you in making informed decisions and executing a triumphant IPO for your thriving business.

Consider this book your steadfast guide, offering a comprehensive roadmap with chapters that guide you through every stage of the IPO journey. It's an indispensable companion for enterprising individuals like yourself who are eager to unleash your company's full potential and embark on the transformative voyage of taking your business public. Show less

The crucial role of adaptive leadership in navigating market volatility and unpredictable waters.

Risk and uncertainty are constant companions for leaders, particularly in modern business. Global economic downturns, unexpected market shifts, technological advancements and other rapid changes call for adaptability and strategic finesse.

While risk cannot be completely eliminated, knowing how to manage it can help leaders guide their companies to long-lasting success, no matter the external circumstances. Below, 20 members of the Forbes Finance Council share their secrets to… Show more

Risk and uncertainty are constant companions for leaders, particularly in modern business. Global economic downturns, unexpected market shifts, technological advancements and other rapid changes call for adaptability and strategic finesse.

While risk cannot be completely eliminated, knowing how to manage it can help leaders guide their companies to long-lasting success, no matter the external circumstances. Below, 20 members of the Forbes Finance Council share their secrets to effectively managing risk and uncertainty in business operations. Show less

Pursuing an Initial Public Offering (IPO) is something many entrepreneurs will only experience once, and it's important to get it right. 2021 was the biggest IPO year ever with extraordinary volumes globally. The global IPO market delivered 2,682 IPOs and raised $608 billion. The largest IPO globally in 2021 was the $13.7 billion IPO of Rivian Automotive on NASDAQ. During 2022, the market saw a dramatic decline in IPOs after a year of incredible IPO growth. Despite this, micro-cap and small-cap… Show more

Pursuing an Initial Public Offering (IPO) is something many entrepreneurs will only experience once, and it's important to get it right. 2021 was the biggest IPO year ever with extraordinary volumes globally. The global IPO market delivered 2,682 IPOs and raised $608 billion. The largest IPO globally in 2021 was the $13.7 billion IPO of Rivian Automotive on NASDAQ. During 2022, the market saw a dramatic decline in IPOs after a year of incredible IPO growth. Despite this, micro-cap and small-cap companies continued to dominate the 2022 IPO market in the U.S. Here are 7 things to consider when taking your company public. Show less

When approaching a micro-cap initial public offering (IPO), getting to know your investors is sometimes overlooked entirely or left to the last days of the roadshow.

Connecting directly with your investors, getting to know them and educating them on your company story is an integral part of the IPO process. It will go a long way when you finally operate as a public company.

Micro-cap investors operate within a community and often co-invest within the same network. Knowing your… Show more

When approaching a micro-cap initial public offering (IPO), getting to know your investors is sometimes overlooked entirely or left to the last days of the roadshow.

Connecting directly with your investors, getting to know them and educating them on your company story is an integral part of the IPO process. It will go a long way when you finally operate as a public company.

Micro-cap investors operate within a community and often co-invest within the same network. Knowing your investors may prove helpful in the future as your micro-cap company matures and you need support in the future for strategic initiatives. Investors have different strategies, and it is crucial to know who you are inviting to take ownership of your company during the IPO. Show less

Before a micro-cap company goes public, it will need to find and develop a relationship with an investment bank and banking team.

Finding the best bank for your company is about more than just their size and industry. It is also critical to consider the bank's transaction history, experience, and client successes; this can assist in identifying the right firm and individual banker. This article discusses how to go about finding the right investment banker and banking team.

Suitable corporate governance can reportedly be one of the most difficult challenges companies face when preparing for a micro-cap initial public offering (IPO).

It can be a critical part of the IPO journey and imperative to operate as a compliant and sustainable public corporation. Governance requires processes, systems, and controls to ensure the effective and efficient use of resources for an organization to achieve its goals and objectives. So, how can you go about finding the right… Show more

Suitable corporate governance can reportedly be one of the most difficult challenges companies face when preparing for a micro-cap initial public offering (IPO).

It can be a critical part of the IPO journey and imperative to operate as a compliant and sustainable public corporation. Governance requires processes, systems, and controls to ensure the effective and efficient use of resources for an organization to achieve its goals and objectives. So, how can you go about finding the right board for your business and why is it so important? Show less

For private companies that are planning a micro-cap initial public offering (IPO), a strong executive team and board of directors will be critical. A well-positioned team can increase the value of the company and provide confidence to potential investors.

The right combination of skills, experience and strategic thinking will be needed, so it is crucial to understand the role each person plays. Teams do not always operate effectively while trying to cover a shortfall in personnel or… Show more

For private companies that are planning a micro-cap initial public offering (IPO), a strong executive team and board of directors will be critical. A well-positioned team can increase the value of the company and provide confidence to potential investors.

The right combination of skills, experience and strategic thinking will be needed, so it is crucial to understand the role each person plays. Teams do not always operate effectively while trying to cover a shortfall in personnel or leadership, and leaving a key role or area uncovered might show up in the company’s performance going forward. Show less

For both new and experienced Micro-cap officers and directors, embarking on an IPO can be somewhat intimidating especially given the complexity and lack of check-boxed guidelines for Micro-Cap IPO strategies. Developing a comprehensive roadmap and strategy is different for each company, and having one can ensure a smoother IPO execution. Proper IPO preparation and readiness is one of the critical elements for the commencement of life as a public company, which can be a memorable, gratifying and… Show more

For both new and experienced Micro-cap officers and directors, embarking on an IPO can be somewhat intimidating especially given the complexity and lack of check-boxed guidelines for Micro-Cap IPO strategies. Developing a comprehensive roadmap and strategy is different for each company, and having one can ensure a smoother IPO execution. Proper IPO preparation and readiness is one of the critical elements for the commencement of life as a public company, which can be a memorable, gratifying and once-in-a-lifetime experience. Show less

Taking an emerging company public is a thrilling, expensive and time-consuming proposition. Determining your firm’s value, organizing and compiling reporting documents and putting together an IPO advisory team—which involves establishing relationships with auditors, investment bankers and lawyers—are just some of the processes and challenges. Market shifts have made it possible for early-stage firms to access capital to reach long-term goals and increase visibility. It’s also a superior exit… Show more

Taking an emerging company public is a thrilling, expensive and time-consuming proposition. Determining your firm’s value, organizing and compiling reporting documents and putting together an IPO advisory team—which involves establishing relationships with auditors, investment bankers and lawyers—are just some of the processes and challenges. Market shifts have made it possible for early-stage firms to access capital to reach long-term goals and increase visibility. It’s also a superior exit strategy to selling one’s company. Show less

Preparation for a micro-cap initial public offering (IPO) begins well before the IPO date. Ideally, a company begins assessment anywhere from 18 to 24 months before the actual IPO date.

Going public is a gratifying process, but it requires significant internal and external resources. The complexities, cross-functional participation and interdependencies of going public require effective management and a clear understanding of the content and process. Preparation and groundwork are… Show more

Preparation for a micro-cap initial public offering (IPO) begins well before the IPO date. Ideally, a company begins assessment anywhere from 18 to 24 months before the actual IPO date.

Going public is a gratifying process, but it requires significant internal and external resources. The complexities, cross-functional participation and interdependencies of going public require effective management and a clear understanding of the content and process. Preparation and groundwork are critical to the smooth execution process.

The assessment process, which is arguably often underappreciated, is critical to positioning a company for going public. Starting and understanding the assessment process as early as possible and implementing in parallel to assembling the team and resources required in this process is essential. Show less

Many entrepreneurs are not aware that even early-stage, pre-revenue companies from anywhere around the globe can raise capital and list on U.S. senior exchanges. Until recently, there was a belief that a company that wanted to go public needed a minimum of $100 million in revenue to attract an underwriter. Now, accepting the additional risk, investors can directly access potentially high-growth companies, and entrepreneurs have a clear path into internationally recognized capital markets.

In recent months, businesses have realized the importance of building up their cash reserves so they’re ready to weather unexpected events. While it’s wise to be budget-conscious, it can be hard to keep up with the competition when you’re watching your spending—especially if you’re the owner of a small business that already faces stiff competition from bigger rivals.

Good corporate governance is a strategic differentiator, particularly for smaller companies. While board members of every organization have the same fiduciary responsibility, serving on a small company board has unique challenges that vary significantly from large-cap-centric corporate governance.

Which financial documents can businesses digitize and which should be kept on hand in hard copy format? Peter Goldstein, CEO, Exchange Listing, weighs in.

Peter Goldstein, CEO, Exchange Listing shares the 5 things business owners need to know to build, scale and prepare your business for a lucrative exit. In a career that spans early entrepreneurship and leading a company that guides fast growing businesses to list on senior stock exchanges, Goldstein, a capital markets expert, shares his personal experiences and lessons learned.

I shared 2 important lessons gleaned from my early entrepreneurial journey on the Bootstrapping in America podcast in a broad reaching conversation about entrepreneurship with
Kristi Ross and Tony Battista

Many founders dream of an IPO but few attain it, the process can be drawn out and costly and once you have listed the regulatory burden can be crushing for new businesses. Peter Goldstein, CEO, Exchange Listing works with companies from the pre-revenue stage and sets them on a roadmap to IPO.

Like the temperature outside, the IPO market is red hot. U.S. IPOs raised nearly $40 billion in the second quarter alone, the busiest quarter for IPOs in twenty years. With the year just half over, IPOs have already beaten last year’s record mark. And the feeding frenzy shows no sign of slowing down the rest of the year.

Don’t think that SPAC is just another four-letter word. For increasing numbers of startups and entrepreneurs, it just may be the abracadabra that unlocks wealth in fast motion.

With more than 30-years of experience as both an entrepreneur and capital market executive, Peter Goldstein has a varied and successful business career. He has served as an investment banker, founder, director, chief executive officer, and consultant to public, private, and emerging companies within the United States and international markets.

Throughout this series we’ll be focusing the conversation on all things psychedelic medicine & investments — Talking with leaders, purveyors and other members of the investment community to help add a little colour and insight.

The financial benefits of becoming publicly listed
How to get your company uplisted on to Nasdaq or NYSE