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Arm Announces Public Filing for Proposed Initial Public Offering

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Re: Arm Announces Public Filing for Proposed Initial Public Offering

#31

Post by kristopolous »

Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

Is there more global access to the US market? Does capital flow with less friction to it?

What about indexes? If they qualify for NASDAQ or some other major index, there's some "mandatory" investment that gets triggered by a bunch of funds that do index tracking.

I would presume where you choose to list is kind of a flag of convenience, like it is in maritime. It's probably not as irrelevant as to where things actually happen as flying the Liberian flag or incorporating in Delaware but I'd bet it's close.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#32

Post by masklinn »

ricardobayes wrote: post #22
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

The business enviroment is a lot better in the US, a friend just started a company there, got an unsecured 80k line of credit at 1.5% on a fresh LLC. This kind of thing doesn't exist in the UK. I know people who couldn't even get a 5k overdraft after 2 years in business (and profitable).

Sounds like English banking has not changed much from 20 years ago, when I needed to spend 3 months in the UK, had to have a uk bank account to rent a flat, but needed an English residence to open a bank account.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#33

Post by slowmotiony »

dvngnt_ wrote: post #15
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

at least you got healthcare or something

And you don't have one...? In that case I'd highly recommend you to get insured too.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#34

Post by dazc »

Sealy wrote: post #13
Thev00d00 wrote: post #5

Bit of a downer for the UK to see them list in the US, I do understand they just want access to the most capital, but I find a shame LSE is not competitive for this kind of thing.

Sadly the UK has a long history of sending its own tech industry abroad... It begun with the invention of the computer as we know it... - Charles Babbage,"Father of the computer", British - Alan Turing, "Father of modern computer science", British Then there was Margret Thatcher who decided the internet was a fad and wasn't worth investing in internet infrastructure in the country. Where did the multi billion (if not…

Thatcher was replaced by a guy called Blair who saw the internet as the future worth investing in. Sadly he found another cause to throw money at.

The mistake Thatcher made was to open up the telecoms market to competition at a time when the legacy provider (BT) were starting to build a high speed internet highway/backbone. In hindsight, this could indeed be considered an error but looking how BT have fared since, perhaps not?

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#35

Post by mnahkies »

masklinn wrote: post #32
ricardobayes wrote: post #22

Earlier quoted context omitted.

The business enviroment is a lot better in the US, a friend just started a company there, got an unsecured 80k line of credit at 1.5% on a fresh LLC. This kind of thing doesn't exist in the UK. I know people who couldn't even get a 5k overdraft after 2 years in business (and profitable).

Sounds like English banking has not changed much from 20 years ago, when I needed to spend 3 months in the UK, had to have a uk bank account to rent a flat, but needed an English residence to open a bank account.

In terms of personal banking it's definitely gotten easier for new comers with the likes of Monzo and Revolut - I had no problem opening account on arrival. From what I've heard the high street banks have improved a bit in this regard too, probably in response to the challenger banks taking market share.

Finding a place to rent on the other hand is still difficult, particularly without a history of renting in the UK

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#36

Post by dazc »

slowmotiony wrote: post #33
dvngnt_ wrote: post #15

Earlier quoted context omitted.

at least you got healthcare or something

And you don't have one...? In that case I'd highly recommend you to get insured too.

Most people who can afford it do. We still come out and cheer for the national religion once in a while though since we are told repeatedly it is the envy of the world.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#37

Post by noelwelsh »

masklinn wrote: post #32
ricardobayes wrote: post #22

Earlier quoted context omitted.

The business enviroment is a lot better in the US, a friend just started a company there, got an unsecured 80k line of credit at 1.5% on a fresh LLC. This kind of thing doesn't exist in the UK. I know people who couldn't even get a 5k overdraft after 2 years in business (and profitable).

Sounds like English banking has not changed much from 20 years ago, when I needed to spend 3 months in the UK, had to have a uk bank account to rent a flat, but needed an English residence to open a bank account.

Consumer banking has radically changed. I can't comment on needing a residence to open a bank account to get a residence, because although I ran into the same issue when I first came here it's been a long time since that was a problem for me. In other aspect personal banking is much much easier. Many banks allow you to open accounts online, for example.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#38

Post by googamooga »

masklinn wrote: post #32
ricardobayes wrote: post #22

Earlier quoted context omitted.

The business enviroment is a lot better in the US, a friend just started a company there, got an unsecured 80k line of credit at 1.5% on a fresh LLC. This kind of thing doesn't exist in the UK. I know people who couldn't even get a 5k overdraft after 2 years in business (and profitable).

Sounds like English banking has not changed much from 20 years ago, when I needed to spend 3 months in the UK, had to have a uk bank account to rent a flat, but needed an English residence to open a bank account.

Yeah, and to prove your English residence you have to provide a paper bill from a utility company (water or electricity) with your name and address on it. Which adds another 3 month as those utility bills are on a quarterly basis. Crazy stuff...

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#39

Post by Matl »

gswdh wrote: post #28
sapiogram wrote: post #21

Earlier quoted context omitted.

> which I'd categorise as being generally apathetical, if not hostile, to the engineering profession Any chance you could elaborate on this? Arm exists and is British, after all.

I'm not sure what that poster was referring to, however in my experience (as a brit), is that the UK is replacing any kind of industry into a service economy aka. people buying shit they don't need. You see this in a number of ways like the physical replacement of industrial areas into shopping centres or the fact the UK can't manufacture rail locomotives - the place where they were invented... Having said this, ther…

> the UK is by far the best country in the EU to buy engineering supplies

Germany has a far stronger industrial base still, I'd imagine if you want access to the EU you'd base yourself there.

Re: Arm Announces Public Filing for Proposed Initial Public Offering

#40

Post by scrlk »

sapiogram wrote: post #21
DaiPlusPlus wrote: post #14

Earlier quoted context omitted.

> Bit of a downer for the UK to see them list in the US I wonder to what extent the overarching business culture of the UK (which I'd categorise as being generally apathetical, if not hostile, to the engineering profession) might have anything to do with it. (...speaking as a former UK eng myself)

> which I'd categorise as being generally apathetical, if not hostile, to the engineering profession Any chance you could elaborate on this? Arm exists and is British, after all.

UK engineering jobs typically have uncompetitive compensation.
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