Capital Ideas 43: Wall Street Lost the Small Cap IPO, but Relationship Finance is Returning

Before algorithms and computer screens took over trading desks, Wall Street was a game built entirely on handshakes, trust, and massive personal networks. IPO pioneer Mel Lavitt shares an unvarnished look at the early days of technology underwriting, revealing the inside story of how a lean team took Intel public for just $8 million. This episode is an essential playbook for founders and market practitioners on why human relationships still drive the highest levels of capital formation.