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Jeff Thomas (Nasdaq): The State of Public Markets in 2025

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Manage episode 464725813 series 2910083
Content provided by Pacifica Global, LLC. and Evan Epstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pacifica Global, LLC. and Evan Epstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

(0:00) Intro.

(1:52) About the podcast sponsor: The American College of Governance Counsel

(2:39) Start of interview. *Reference to prior episode with Jeff (E46 from Oct 2021)

(3:42) On Nasdaq's IPOs in 2024 (180 IPOs raising $23B). Looking ahead in 2025.

(6:23) What to expect facing new Administration. Reference to Nasdaq's IPO Pulse Index.

(8:59) The three priorities for boards considering an IPO: strategic quality, risk management, and succession planning (people).

(11:14) On the ruling striking down the Nasdaq Diversity Rule

(14:27) On the political backlash against ESG and DEI in the US

(18:00) On global markets and the new geopolitical landscape. Nasdaq as "the trusted fabric of the financial markets". Reference to article by Nelson Griggs, Nasdaq President.

(22:32) On the "stay private vs go public" debate, and arguments for public listings: 1) access to capital, 2) liquidity, 3) creating an acquisition currency, and 4) having the brand and the trust of a public company.

(27:00) Private Equity backed companies going public.

(29:50) On the influence of AI in public markets and in governance. Boardvantage's AI solutions for directors.

(35:30) Outlook for 2025.

(39:55) On direct listings and SPACs (50 SPACs on Nasdaq in 2024)

(40:36) On board education. Reference to the 3rd VC-Backed Board Academy (VCBA) on May 14, 2025, at Cooley in SF.

Jeff Thomas serves as EVP, Chief Revenue Officer, and Global Head of Listings at Nasdaq.

You can follow Evan on social media at:

X: @evanepstein

LinkedIn: https://www.linkedin.com/in/epsteinevan/

Substack: https://evanepstein.substack.com/

__

To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/

__

Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

  continue reading

183 episodes

Artwork
iconShare
 
Manage episode 464725813 series 2910083
Content provided by Pacifica Global, LLC. and Evan Epstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pacifica Global, LLC. and Evan Epstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

(0:00) Intro.

(1:52) About the podcast sponsor: The American College of Governance Counsel

(2:39) Start of interview. *Reference to prior episode with Jeff (E46 from Oct 2021)

(3:42) On Nasdaq's IPOs in 2024 (180 IPOs raising $23B). Looking ahead in 2025.

(6:23) What to expect facing new Administration. Reference to Nasdaq's IPO Pulse Index.

(8:59) The three priorities for boards considering an IPO: strategic quality, risk management, and succession planning (people).

(11:14) On the ruling striking down the Nasdaq Diversity Rule

(14:27) On the political backlash against ESG and DEI in the US

(18:00) On global markets and the new geopolitical landscape. Nasdaq as "the trusted fabric of the financial markets". Reference to article by Nelson Griggs, Nasdaq President.

(22:32) On the "stay private vs go public" debate, and arguments for public listings: 1) access to capital, 2) liquidity, 3) creating an acquisition currency, and 4) having the brand and the trust of a public company.

(27:00) Private Equity backed companies going public.

(29:50) On the influence of AI in public markets and in governance. Boardvantage's AI solutions for directors.

(35:30) Outlook for 2025.

(39:55) On direct listings and SPACs (50 SPACs on Nasdaq in 2024)

(40:36) On board education. Reference to the 3rd VC-Backed Board Academy (VCBA) on May 14, 2025, at Cooley in SF.

Jeff Thomas serves as EVP, Chief Revenue Officer, and Global Head of Listings at Nasdaq.

You can follow Evan on social media at:

X: @evanepstein

LinkedIn: https://www.linkedin.com/in/epsteinevan/

Substack: https://evanepstein.substack.com/

__

To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/

__

Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

  continue reading

183 episodes

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