ΒιΆΉΘλΏΪ partner and Northern California co-head Alan Denenberg discussed generative AI and whether it could be used to draft IPO prospectuses for companies going public with The Information.  

β€œAI can certainly provide a good starting point but not much beyond that,” Alan said, adding that he doesn’t feel like β€œit is ready for prime time.”

Alan went on to explain that detailed, personal touches are needed when crafting an IPO prospectus. β€œMaybe I am a bit old fashioned, but I feel like a prospectus is a place where a management team can lay out a personal, nuanced version of its strengths, strategy and vision – rather than an AI version created from competitors’ disclosures,” he said.

β€œ,” The Information (January 21, 2025) (subscription required) 

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