What is a "dog and pony" show?

By Chizoba Morah AAA
A:

A dog and pony show, or a road show, is a term used to describe a seminar or forum that has the purpose of introducing new products or financial securities issues to potential investors or buyers. A dog and pony show is usually hosted by investment banks and firms that have products or securities to sell.

When a company wants to issue an IPO or needs investments in order to proceed with a new product, the first thing it does is hire an investment bank or firm to do the underwriting. These investment entities then seek investors for the securities and hold dog and pony shows to convince potential investors of the worthiness of the products or securities.

For more on this topic, read The Murky Waters of the IPO Market and IPO Basics Introduction.

This question was answered by Chizoba Morah.

RELATED FAQS

  1. How do I purchase shares of a closed-end investment?

    Understand the difference between open-end and closed-end funds, and learn how an investor can purchase shares in a closed-end ...
  2. What advantages do corporations have over privately held companies?

    Learn about the chief advantages that publicly traded corporations have over other forms of business organizations, most ...
  3. What does the underwriter do in a new stock offering?

    Learn the role an underwriter plays for an initial public offering, and the steps an underwriter takes in preparing for an ...
  4. What is the best form of equity financing for a start-up company?

    Learn the equity financing options available to small business, and understand the best equity options for companies during ...
RELATED TERMS
  1. Volcker Rule

    The Volcker rule separates investment banking, private equity ...
  2. Dog And Pony Show

    A colloquial term that generally refers to a presentation or ...
  3. Investment Bank - IB

    A financial intermediary that performs a variety of services. ...
  4. Red Herring

    A preliminary prospectus filed by a company with the Securities ...
  5. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which ...
  6. European Investment Bank - EIB

    A non-profit European Union institution based in Luxembourg that ...

You May Also Like

Related Articles
  1. Stock Analysis

    What Makes Goldman Sachs a Good Bet?

  2. Investing Basics

    Social Media: High Risk, High Potential ...

  3. Entrepreneurship

    JPMorgan vs. Goldman Sachs: A Tale of ...

  4. Investing

    4 Hottest IPOs in 2015

  5. Investing News

    Investing In Social Media Startups? ...

Trading Center