Edition No. 41 · Sun 2 Aug 2026 · Story 22 of 30
"Make IPOs Fair Again: The Dutch Auction Solution"
Puck
Bill Cohan's Dutch-auction fix for IPOs, arguing the first-day pop is a transfer from the issuer to the banks' allocation list.
Interest score
Newsletters × what it touches on this site × movement. It ranks, it does not reorder the digest.
How this is measured
Each factor is 1.00 when it has nothing to say, so a missing input never sinks a story. The full working is on the method page.
- 1.00Interest score25 of 30 in this edition
- 1.00NewslettersCount not recorded yet, so neutral
- 1.00On this siteWhat it touches: places, clubs, leagues
- 1.00MovementNew this week
Next in this edition
- 23 · Puck"Leon Black Evades Discussion on His NDAs"
- 24 · Puck"Shein Is Finally About to Go Public at a Major Discount"
- 25 · Puck"Inside Michael A. Reinstein's Private Equity Fashion Empire"
- 26 · Trends.vc / Dru Riley"The Replay Protocol"
- 27 · The Washington Post"Impostor scams have already defrauded Americans of $1.8 billion this year"
Where these stories come from
Each morning the Daily Newsletter Digest reads about fifty newsletters, groups them by theme and records an audio episode. These are the day’s most substantive stories from it, each with a direct link to the original article.
Links open the publisher’s own site, which may ask you to subscribe. The one-line summaries are ours; the reporting is theirs. A place tag links to that metro or country on this site, where the same story appears under In the news.