Woolway
Strategic Concepts & Mechanics
Primary Evidence
"“[ The underwriters] were like, ‘You guys have to have more seasoned execs on here. We can’t take this to our clients,’ ” Woolway remembered. “And we said, ‘Nope. This is the team we have.’ ” Woolway understood the bankers’ plight, though. “The underwriters’ job is to push back on all that stuff,” he said. “Their job is to sell the stock, so they’re doing what they need to do to make it easier to sell the stock.”"
"“[The underwriters] were like, ‘You guys have to have more seasoned execs on here. We can’t take this to our clients,’ ” Woolway remembered. “And we said, ‘Nope. This is the team we have.’ ” Woolway understood the bankers’ plight, though. “The underwriters’ job is to push back on all that stuff,” he said. “Their job is to sell the stock, so they’re doing what they need to do to make it easier to sell the stock.”"