Richard Fischer had returned to Wall Street, and this trip to the West Coast couldn't be called a success, but it wasn't a failure either.
He had learned of Byte Company's potential from Arthur Locke and had even seen the beautifully enticing financial statements.
However, his communication with Byte Company founder Dean Price had not gone nearly as smoothly as it had with Arthur Locke.
Richard admitted that the other party was a talented young man, but it was clear he didn't understand the rules of Wall Street.
Going public wasn't solely decided by the management team of the company going public; Wall Street was equally an essential part.
Especially in terms of valuation and stock pricing, sometimes the identity of Wall Street was more like that of a "guiding expert."
But with Dean, he didn't feel that respect.
Richard had ended contact with Byte Company; of course, his excuse was that Morgan Stanley needed to do more research.