The Minutes of Brad Gerstner on grab https://minutesof.com/brad-gerstner/on/grab/ Everything Brad Gerstner has said on grab: 3 verbatim quotes from April 2021, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:21:53 +0000 Gerstner says traditional IPO costs include upfront fees and structural underpricing as the larger expense. https://minutesof.com/q/3dbad0db-cb6d-4522-8252-555ce873667e/ https://minutesof.com/q/3dbad0db-cb6d-4522-8252-555ce873667e/ “There's the upfront fee, five and a half, 6%, whatever they're paying on the amount of capital raised. But he would argue the much bigger expense, right, is the indirect cost of the structural underpricing.” — All-In Podcast Sat, 17 Apr 2021 02:12:13 +0000 grab Gerstner claims Grab achieved 20-30% higher valuation than traditional IPO would have delivered. https://minutesof.com/q/1f80f6be-1b5e-4c09-9c2f-60fbd59744c4/ https://minutesof.com/q/1f80f6be-1b5e-4c09-9c2f-60fbd59744c4/ “So in a traditional IPO, let's say you have a $10,000,000,000 enterprise value raising a billion dollars. If it's being underpriced, he would argue structurally by 40%.” — All-In Podcast Sat, 17 Apr 2021 02:12:13 +0000 grab Gerstner calculates over $1 billion in cost savings for Grab employees and shareholders. https://minutesof.com/q/077705ea-6293-4456-a39a-7cef97e489dc/ https://minutesof.com/q/077705ea-6293-4456-a39a-7cef97e489dc/ “And so if you say it's 30 percent on a $4,000,000,000 raise, that's over a billion dollars of savings. Right? Over $1,000,000,000 of indirect cost savings to the employees and the shareholders.” — All-In Podcast Sat, 17 Apr 2021 02:12:13 +0000 grab