Meet Goldman Sachs' top quant, Bankers in Portland, Alt data may not be a gold mine

Hi readers,
This year's IPO class has been a case of the haves — and the have-nots.
This week, we saw the software companies Datadog and Ping Identity soar in their public-market debuts.
Compare that with SmileDirectClub, the teeth-straightening company that was the first US IPO since the financial crisis to raise more than $1 billion and price above range but fall in its opening trade. That led some to believe the IPO had been mispriced by its lead bank, JPMorgan. The company's CEO went as far as to complain to JPMorgan CEO Jamie Dimon to find out what went wrong with the listing, Business Insider reported this week.
It remains to be seen how other buzzy companies will fare in the markets this year. WeWork's IPO remains on ice, at least through the Jewish holidays in October, as investors have grown disillusioned with the company's unclear path to profitability, business model, complex structure, hefty valuation, and controversial governance.
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