IT is important to be highly selective when participating in IPOs by taking a deep dive into the fundamentals of the companies, including examining their track record and evaluating their growth prospects.
Meeting with the management team, especially the founders and key decision-makers, is a crucial part of the process at Areca Capital.
The focus is on understanding their value systems, their backgrounds and how they arrived at this point. This includes understanding the challenges they have faced and how they have overcome them. The clarity, ambition and feasibility of their growth strategies is of particular interest.
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