If an investment bank facilitates the meeting of a fund
manager and a company it is possibly interested in investing
in, should the investment bank be paid for that? And who should
pay for it, the company receiving the investment, the fund
manager doing the investing, or the client whose money is being
invested? What about if the bank isn't really involved in the
meeting – it's just arranging the logistics and maybe
booking a taxi? Is that different from a full-fledged tour of
the farm? And how much should it cost?
These are questions that have frankly not been given too
much thought in the...