Marian Miner Cook
Athenaeum

A distinctive
feature of social and
cultural life at CMC

 

Are Initial Coin Offerings Here to Stay?

Thu, March 28, 2019
David Yermack

David Yermack, Albert Fingerhut Professor of Finance and Business Transformation and chairman of the finance department at New York University’s Stern School of Business, will  describe the growth of initial coin offerings (ICOs), a new channel of entrepreneurial finance that has grown rapidly to become a competitor of venture capital as a source of startup finance and will explore the origins of ICOs, look at original research into their success factors, and examine the evolving regulatory problems that ICOs have created.

David Yermack is the Albert Fingerhut Professor of Finance and Business Transformation and chairman of the finance department at New York University’s Stern School of Business, where he has been a member of the faculty since 1994.  He is also an adjunct professor of law at the NYU School of Law, director of the NYU Pollack Center for Law and Business, and a research associate of the NBER Law and Economics program. 

In 2014 Yermack began teaching a full semester course at NYU on digital currency and blockchains with Geoffrey Miller, professor of law at NYU. The course was the first in the world on this topic taught at a major research university, and now draws more than 200 students annually.

Yermack has presented his FinTech research at numerous international universities and regulatory bodies including the United Nations, Bank for International Settlements, OECD, U.S. Treasury, U.S. Securities and Exchange Commission, Inter-American Development Bank, World Bank, and the U.S. Public Company Accounting Oversight Board.

Professor Yermack’s Athenaeum presentation is co-sponsored by Center for Innovation and Entrepreneurship (CIE), the Lowe Institute of Political Economy, and Financial Economics Institute (FEI), all at CMC.

Marian Miner Cook Athenaeum

Claremont McKenna College
385 E. Eighth Street
Claremont, CA 91711

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