ACG New York Breakfast Meeting on Long Island

David Weild, Founder, Chairman and CEO of IssuWorks, parent company of the investment banking firm Weild & Co. Holdings

Weild maintains that 10 million jobs were lost to the US economy when market structure changes gutted the aftermarket incentives required to sustain a broad ecosystem of smaller investment banks. As a result, the number of US listed companies fell from 9,000 to 5,000 (It should have grown to 13,000 by now) depriving corporations of access to capital to fund innovation and job growth. Academics, including Prof. Steven Davidoff Solomon who writes for the NY Times DealBook and is known as the “Deal Professor” call Weild and co-author Kim’s theory the “Ecosystem Theory” for the decline of the small IPO. Weild & Kim – now partners at IssuWorks - use data science and marketing technologies to improve the IPO and aftermarket success rates of small and large companies by systematically matching them to more appropriate institutional investors that are not effectively reached by Wall Street.