Why the Guzman y Gomez float was 'the story with the lot'
Inside the most talked-about stock market float in over a decade. This week on the Fin, Chanticleer columnist Anthony Macdonald and senior reporter Primrose Riordan on the story behind Guzman y Gomez, why it was one of the most talked-about floats in years and whether the hype is justified. This podcast is sponsored by Smartsheet. Further reading: Guzman y Gomez IPO pop to $3b lifts hopes for listingsThe Mexican-themed restaurant chain’s value topped $3 billion on its debut, and there are hopes this will rekindle a stagnating market for local sharemarket listings, Can Guzman y Gomez’s New Yorker frontman prove everyone wrong?Managers say the IPO is too riddled with cushy perks for insiders to offer value. Founder Steve Marks disagrees. Guzman y Gomez float a bet on a maverick founder and his grand plansThe Mexican-themed restaurant chain’s founder is pitching big growth. He’s not an overnight success story, but the riches are there if he can make it work.See omnystudio.com/listener for privacy information.