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American History 1988

``` Debt, economic decline, immigration; hippies, anti-government, freedom. At the end of the 1980s, a wave of change encompassed a country boy from the Rust Belt. As the gate for upward mobility was on the verge of closing, he struggled to move forward. College, Silicon Valley, entrepreneurship; HP, Apple, Microsoft. To become part of the 1%, or even 0.1%, he sacrificed a lot, but also gained a lot. ```

Quiet thoughts · Ciudad
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418 Chs

Chapter 219 Coveting

"Wait, Mr. Kennedy…" Dean was a bit slow to respond, "Are you suggesting introducing an underwriter for Byte Company's IPO?"

"Yes, they have called you, but you didn't respond to them."

"So, which investment bank is it?" Dean had received too many such calls recently; he couldn't remember which Wall Street institution it was.

"Merrill Lynch," Anthony Kennedy gave out the definite name.

"Merrill Lynch?" Dean looked somewhat enlightened, as it was one of the Big Four investment banks, and he had some impression of them.

The firm had called him these past days as well, proposing to structure the offering strategy based on a valuation of 1.2 billion US Dollars.

This figure had no advantage over Morgan Stanley's quote, so Dean had given them the cold shoulder.

Only, he hadn't expected that Merrill Lynch would find their way to Anthony Kennedy, and Dean was somewhat puzzled: How did these two unrelated parties come together?