GETCO & Equities Market Making

Discussion in 'Prop Firms' started by lolatency, Sep 21, 2008.

  1. #11     Sep 30, 2008
  2. C99

    C99

    #12     Sep 30, 2008
  3. Speaking of GETCO, I have heard some outrageous numbers for what the firm might be worth.

    An article in the WSJ stated, "General Atlantic will invest $200 million to $300 million for a stake in the firm of about 20%. That would value Getco at about $1 billion to $1.5 billion."

    Now my first thought was just because a private equity firm paid $200 million for a 20% doesn’t guarantee anything. I realize that they had a chance to review their books but...

    I am curious to know peoples opinion on this.
     
    #13     Oct 1, 2008
  4. ?
     
    #14     Oct 2, 2008