Antonio Fernández Speaks with Negocios TV About Scaleups and Capital Markets


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In his interview on Negocios TV, Antonio Fernández Hernando, President of ARMANEXT, debunks several common myths regarding the access of small and medium-sized enterprises to capital markets. Antonio Fernández emphasizes that being a large company is not a requirement to go public; what truly matters is having a “story to tell” that is compelling to investors. The companies that should consider listing are those experiencing growth and with a solid value proposition—not necessarily those with the highest sales or revenue.

Throughout the conversation, he addresses the obstacles companies often perceive when considering entry into capital markets, such as high costs and the complexity of the process. However, Antonio Fernández explains that the European Union and the markets themselves have worked to reduce these costs and streamline the process, encouraging businesses to explore this financing pathway.

He also highlights the work of certain public institutions that promote alternative forms of financing, such as venture capital, but regrets that they do not more actively promote the option of going public—despite the advantages it offers in terms of transparency and control.

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