Hambrecht & Quist

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 an early player in the technology sector, underwriting initial public offerings (IPOs) for Apple Computer, Genentech, and Adobe Systems in the 1980s.[1] 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 $1.35 billion by Chase Manhattan Bank.After leaving H&Q, founder 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.
Apple Computer IPO 1980
Investment bankBill HambrechtSan Francisco, Californiainitial public offeringsApple ComputerGenentechAdobe SystemsNetscapeMP3.comAmazon.comChase Manhattan BankJPMorgan ChaseOpenIPODutch auctionsOverstock.comSalon Media GroupWR Hambrecht + CoWilliam HambrechtThe New York TimesSan Francisco Business TimesBeacon RailChase BankChase PaymentechHighbridge Capital ManagementJP Morgan & CoOne Equity PartnersJamie DimonMary Callahan ErdoesMarianne LakeJing UlrichJohn Pierpont MorganJ. P. Morgan Jr.Junius Spencer MorganGeorge PeabodyHenry Sturgis MorganDavid RockefellerWilliam B. Harrison Jr.John B. McCoyWalter V. ShipleyDouglas A. Warner IIITemple BowdoinJes StaleyBlythe MastersJames B. Lee Jr.Thomas W. LamontDennis WeatherstoneJohn J. McCloyWinthrop AldrichSteven BlackBoard of directorsSteve BurkeTodd CombsJames CrownLaban JacksonMellody HobsonPhebe N. NovakovicVirginia RomettyAmerican FletcherAmerican Savings and LoanBanca Commerciale Italiana Trust Co.Bank OneBank United of TexasBear StearnsCenTrust BankChatham Phenix National Bank and Trust Company of New YorkChemical BankContinental Bank & TrustCorn Exchange BankDime Savings Bank of New YorkFirst ChicagoFirst USAFourth National Bank of New YorkGreat Western BankHF Ahmanson & Co.Indiana NationalJardine FlemingLincoln SavingsManufacturers HanoverMechanics and Metals National BankMetropolitan Trust CompanyNational Bank of DetroitNational Bank of Commerce in New YorkNational Park BankNew York Trust CompanyOrd MinnettProvidianRobert Fleming & CoState Bank of ChicagoTexas Commerce BankThe Manhattan CompanyTrust Company of AmericaValley National Bank of ArizonaWashington Mutual125 London Wall245 Park Avenue25 Bank Street270 Park Avenue (1960–2021)270 Park Avenue (2021–present)277 Park Avenue383 Madison AvenueChase CenterChase FieldChase Tower (Amarillo)Chase Tower (Chicago)Chase Tower (Dallas)Chase Tower (El Paso)Chase Tower (Indianapolis)Chase Tower (Milwaukee)Chase Tower (Oklahoma City)Chase Tower (Phoenix)Chase Tower (Rochester)Chater HouseIndiana Michigan Power Center (Fort Wayne)JPMorgan Chase Building (San Francisco)JPMorgan Chase Tower (Houston)McCoy CenterOne Chase Manhattan PlazaThe Qube (Detroit)