Lamborghini and FloQast’s CFOs, SEC’s New SPAC Rules, and U.S. IPO Activity
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Lamborghini CFO Starts Day With a 10K Run (Sometimes), Black Tea With Lemon, and a Call With His Daughter
In the latest edition of the 6 a.m. CFO series , Lamborghini's finance chief Paolo Poma highlights how he starts his day, which includes how his morning structure meetings, his mid-morning snack of choice, the most inspirational person in his life, and more.
Read the full story here .
A Tale of Two IPO Markets
In contributing editor David McCann 's most recent story on IPO markets, he uses data from 普衡律师事务所 ' 2023 Going Public U.S. IPO Report to highlight the highs and lows of the IPO market over recent years.
“The continued increase in time-to-market is likely driven less by SEC process and more by uncertainty and spikes in volatility."
-Paul Hastings' surveyors
Read the full story here .
SPACs Will Survive New Regulations
Senior reporter-at-large Vincent G. Ryan 's story on the new rules about SPAC regulations might make a company take a second look at using an SPAC as a quick way to go public. "A change in the liability for disclosures and the requirements for financial projections will make early-stage companies with a short operating history — which frequently used SPAC vehicles in 2020 and 2021 — think twice before merging with a SPAC to go public," writes Ryan.
Hester Peirce of the U.S. Securities and Exchange Commission 's thoughts on the move , comparing them to keeping chickens, is definitely worth a read.
领英推荐
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Leading a Company By Accountants, For Accountants
FloQast 's CFO Razzak Jallow 's recent Q&A with reporter Adam Zaki discusses an interesting element of Jallow's role. Working in a company with accountants in nearly every facet of the organization, additional elements to his CFO duties include embodying the customer, being active in the sales process, and leading his company's interest and initiatives around Gen AI.
Read the full story here .
42% of Mid-Market CFOs Expect Workloads to Increase in 2024
Mid-market CFOs are busy. How busy? Eighty-three percent told Nick Araco JR and The CFO Alliance they're too busy to do anything else other than their day-to-day responsibilities. If you think automation is the answer, think again — 44% said workflow automation is a skills gap in their teams. Vincent G. Ryan 's story which notes Araco's thoughts on the data suggests that data visualization and changes to workflow are on the to-do list for finance leaders at this level.
"As a group, mid-market companies are not collectively taking a hard look at AI yet. They have to get ready for it, and they’re sticking their toes in the water, but they’re not there yet.”
- Nick Araco JR , CEO and co-founder, The CFO Alliance
Read the full story here .