Meet the Father of the Modern IPO

Eric Dobkin turned to institutional investors to boost sales
Eric Dobkin, a Goldman Sachs advisory director and chairman emeritus of the bank’s global equity capital markets group, at Goldman headquarters in New York on May 1 Photograph by Chris Goodney/Bloomberg

In 1984, Eric Dobkin was working for Goldman Sachs, selling stocks to professional money managers, when he was handed an assignment: The bank ranked a lowly ninth in underwriting new stock offerings. Fix it.

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