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Hambrecht & Quist (H&Q) was an investment bank based in San Francisco, California noted for its focus on the technology and internet sectors. H&Q was founded by William Hambrecht and George Quist in California, 1968. H&Q was an early player in the technology sector, underwriting IPOs for Apple Computer, Genentech, and Adobe Systems in the 1980s. In the 1990s, H&Q also backed the IPOs of Netscape, MP3.com, and Amazon.com. Competition in the investment banking industry in the late 1990s limited H&Q's ability to grow as an independent firm, and in 1999 Hambrecht & Quist was acquired for $1.35B by Chase Manhattan Bank. H&Q was originally to be renamed "Chase Securities West" but ultimately was renamed "Chase H&Q" after marketing research revealed the H&Q brand name was still valuable. This unit eventually lost the H&Q name and is currently part of JPMorgan Chase.〔(Big S.F. Bank Sold to Chase In New York ) (San Francisco Chronicle, 1998)〕 The H&Q name lives on in the closed-end healthcare funds managed by Hambrecht & Quist Capital Management in Boston. After leaving H&Q, founder Bill Hambrecht popularized the "OpenIPO" model, in which Dutch auctions allowed anyone, not just investing insiders, to buy stock in an IPO, potentially raising more money for startups. Among the companies that adopted this model were Overstock.com, Ravenswood Winery, and Salon Media Group 〔(【引用サイトリンク】title=2006 Fast 50 )〕 ==See also== *WR Hambrecht + Co, an investment bank founded by William Hambrecht after acquisition of H&Q *H&Q Asia Pacific, a private equity firm focused on Asian markets 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Hambrecht & Quist」の詳細全文を読む スポンサード リンク
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