Turned Down by Big Investment Banks

from the Amazonian-pressure dept

Supposedly, all the big investment banks have passed on a chance to take public. The article is fairly interesting in that it first suggests it might have something to do with the company, or it’s founder Scott Blum (who has a colorful history), but then goes on to point the finger at and Jeff Bezos, who doesn’t appear to be a fan of and their “Beat Amazon” goal. The suggestion is that Bezos has asked the bankers not to support or risk losing Amazon’s business. It’s good to be the 800 pound gorilla.

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