Discover how competitive bids work in business and underwriting, from proposals and pricing to securing contracts for goods, services, IPOs, and M&A.
In the simultaneous multi-round (SMR) auction procedure currently used by the FCC to sell spectrum licenses, each submitted bid is for a single license. When licenses have complementary value—when for ...
Ryan Gray is Co-Founder and CEO of SGW Designworks, a product engineering and design firm featured in The Lean Startup. RFPs (requests for proposals) and RFQs (requests for quotes) are common ...