Nasdaq's Friedman: We See a 'Really Strong' IPO Pipeline

The transcript discusses the growth strategies of a business through acquisitions and organic opportunities, highlighting the expansion into technology and services. It examines the IPO market's volatility and potential threats, while emphasizing a strong pipeline of companies ready to go public. The value proposition of NASDAQ for public companies is detailed, showcasing its offerings and success in attracting IPOs.

What is a key strategy for driving growth in the exchange business?

• Focusing solely on organic growth

• Relying on customer feedback

• Combining acquisitions with organic growth

• Reducing operational costs

How has the company broadened its platform in the exchange business?

• By reducing the number of acquisitions

• By limiting its services

• By focusing on a single market

• By expanding through acquisitions

What percentage of the company's revenue is now recurring in nature?

• 50%

• 60%

• 85%

• 75%

What is a significant challenge for the IPO market mentioned in the transcript?

• Lack of investor interest

• Limited number of companies

• High fees for companies

• Market volatility

What is one of the tools NASDAQ offers to companies to enhance their visibility?

• Traditional advertising

• Social media and market site visibility

• Direct mail campaigns

• Television commercials