The Pop Transistor (https://transistor.fm) https://feeds.transistor.fm/the-pop-d9950cf5-9be5-44d0-8894-8c82944cab48 Inside America’s IPO Machine The Pop is a podcast examining the science and hidden machinery of how companies go public and how markets actually work in the United States. Hosted by Robert Leshner, a founder and operator building infrastructure for modern capital markets, the show breaks down IPOs and listings from the S-1 to the first trade – exploring how incentives are structured, where the system breaks down, and who it ultimately serves. Through high-signal, story-first conversations with founders, executives, investors, lawyers, and regulators, The Pop looks at the good, the bad, and the ugly of going public, and what the next era of capital formation could look like. © 2026 Superstate 54193cd1-8604-518b-b851-494c9b25b744 yes 4dac7990-5dec-11f1-b9d9-cdce510d22b4 Robert Leshner Introducing “The Pop”: Inside America’s IPO Machine | Official Trailer en Tue, 02 Jun 2026 10:42:17 -0400 Tue, 02 Jun 2026 10:43:27 -0400 https://superstate.com/pop-podcast https://img.transistorcdn.com/omjCGjUMd7klWYPg88qXrpnKC7YCNnPkdxy3HsQ_Pxs/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83Yjk1/MDhjZDg2ZWJmZGY4/NWYyYWJlMzNmMWI2/OTE4NC5qcGc.jpg The Pop https://superstate.com/pop-podcast episodic Superstate Inside America’s IPO Machine The Pop is a podcast examining the science and hidden machinery of how companies go public and how markets actually work in the United States. Hosted by Robert Leshner, a founder and operator building infrastructure for modern capital markets, the show breaks down IPOs and listings from the S-1 to the first trade – exploring how incentives are structured, where the system breaks down, and who it ultimately serves. Through high-signal, story-first conversations with founders, executives, investors, lawyers, and regulators, The Pop looks at the good, the bad, and the ugly of going public, and what the next era of capital formation could look like. Inside America’s IPO Machine The Pop is a podcast examining the science and hidden machinery of how companies go public and how markets actually work in the United States. finance, capital markets, technology, blockchain, tokenization, IPOs, investing Emily Coleman No No Eps 1, The Pop: The IPO Overview: From S-1 to Opening Bell w/ Joe Gawronski 2 2 Eps 1, The Pop: The IPO Overview: From S-1 to Opening Bell w/ Joe Gawronski full c8c974d7-37a6-4511-8bef-2daa1b197107 https://share.transistor.fm/s/8989b45a Joe Gawronski, CEO of Rosenblatt Securities, joins The Pop to discuss how the end-to-end IPO process actually works, from the decision to go public through filing through pricing, allocation, trading, and beyond. We cover why companies go public, how the banking syndicate, roadshow, and bookbuilding work, and how investor mix and allocation shape the aftermarket, along with the tension between a successful deal on paper and a healthy public company over time. Joe explains how an IPO is not a single event, but a chain of incentives, handoffs, and market-structure decisions.

Links Mentioned


About the Guest

Joe Gawronski

Chief Executive Officer, Rosenblatt Securities


Joe Gawronski joined Rosenblatt in 2002 and started the firm’s market structure group. He is a former securities and M&A lawyer at Sullivan & Cromwell, a former Vice President in the equities division at Salomon Smith Barney, and former COO of Linx.

Follow / Subscribe

Contact / Connect

About The Pop

The Pop is a podcast examining the science and hidden machinery of how companies go public and how markets actually work in the United States. Hosted by Robert Leshner, a founder and operator building infrastructure for modern capital markets, the show breaks down IPOs and listings from the S-1 to the first trade – exploring how incentives are structured, where the system breaks down, and who it ultimately serves. Through high-signal, story-first conversations with founders, executives, investors, lawyers, and regulators, The Pop looks at the good, the bad, and the ugly of going public, and what the next era of capital formation could look like. Learn more at superstate.com/pop-podcast.


About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate's flagship funds USTB and USCC validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. Learn more at superstate.com.



Disclaimer:
This podcast is produced by Superstate Inc., a Delaware corporation and parent company of Superstate Advisers LLC, a registered investment adviser with the SEC, and Superstate Services LLC, a registered transfer agent.

Nothing contained in this podcast should be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services. All information is presented for educational and informational purposes only. Past performance is not indicative of future results.

Guests and the host may have financial interests in or use products and services offered by Superstate. This podcast does not establish a fiduciary or advisory relationship between Superstate Advisers LLC and any listener.

Securities discussed involve significant risks, including potential loss of principal. Markets are volatile and subject to regulatory changes. Please consult with a qualified financial advisor, attorney, or accountant before making any investment decisions.

For more information, visit the SEC at www.sec.gov or investor.gov to verify Superstate's registration status.

]]> Joe Gawronski, CEO of Rosenblatt Securities, joins The Pop to discuss how the end-to-end IPO process actually works, from the decision to go public through filing through pricing, allocation, trading, and beyond. We cover why companies go public, how the banking syndicate, roadshow, and bookbuilding work, and how investor mix and allocation shape the aftermarket, along with the tension between a successful deal on paper and a healthy public company over time. Joe explains how an IPO is not a single event, but a chain of incentives, handoffs, and market-structure decisions.

Links Mentioned


About the Guest

Joe Gawronski

Chief Executive Officer, Rosenblatt Securities


Joe Gawronski joined Rosenblatt in 2002 and started the firm’s market structure group. He is a former securities and M&A lawyer at Sullivan & Cromwell, a former Vice President in the equities division at Salomon Smith Barney, and former COO of Linx.

Follow / Subscribe

Contact / Connect

About The Pop

The Pop is a podcast examining the science and hidden machinery of how companies go public and how markets actually work in the United States. Hosted by Robert Leshner, a founder and operator building infrastructure for modern capital markets, the show breaks down IPOs and listings from the S-1 to the first trade – exploring how incentives are structured, where the system breaks down, and who it ultimately serves. Through high-signal, story-first conversations with founders, executives, investors, lawyers, and regulators, The Pop looks at the good, the bad, and the ugly of going public, and what the next era of capital formation could look like. Learn more at superstate.com/pop-podcast.


About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate's flagship funds USTB and USCC validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. Learn more at superstate.com.



Disclaimer:
This podcast is produced by Superstate Inc., a Delaware corporation and parent company of Superstate Advisers LLC, a registered investment adviser with the SEC, and Superstate Services LLC, a registered transfer agent.

Nothing contained in this podcast should be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services. All information is presented for educational and informational purposes only. Past performance is not indicative of future results.

Guests and the host may have financial interests in or use products and services offered by Superstate. This podcast does not establish a fiduciary or advisory relationship between Superstate Advisers LLC and any listener.

Securities discussed involve significant risks, including potential loss of principal. Markets are volatile and subject to regulatory changes. Please consult with a qualified financial advisor, attorney, or accountant before making any investment decisions.

For more information, visit the SEC at www.sec.gov or investor.gov to verify Superstate's registration status.

]]> Tue, 02 Jun 2026 10:30:00 -0400 Superstate Superstate 3727 Joe Gawronski, CEO of Rosenblatt Securities, joins The Pop to discuss how the end-to-end IPO process actually works, from the decision to go public through filing through pricing, allocation, trading, and beyond. We cover why companies go public, how the banking syndicate, roadshow, and bookbuilding work, and how investor mix and allocation shape the aftermarket, along with the tension between a successful deal on paper and a healthy public company over time. Joe explains how an IPO is not a single event, but a chain of incentives, handoffs, and market-structure decisions.

Links Mentioned


About the Guest

Joe Gawronski

Chief Executive Officer, Rosenblatt Securities


Joe Gawronski joined Rosenblatt in 2002 and started the firm’s market structure group. He is a former securities and M&A lawyer at Sullivan & Cromwell, a former Vice President in the equities division at Salomon Smith Barney, and former COO of Linx.

Follow / Subscribe

Contact / Connect

About The Pop

The Pop is a podcast examining the science and hidden machinery of how companies go public and how markets actually work in the United States. Hosted by Robert Leshner, a founder and operator building infrastructure for modern capital markets, the show breaks down IPOs and listings from the S-1 to the first trade – exploring how incentives are structured, where the system breaks down, and who it ultimately serves. Through high-signal, story-first conversations with founders, executives, investors, lawyers, and regulators, The Pop looks at the good, the bad, and the ugly of going public, and what the next era of capital formation could look like. Learn more at superstate.com/pop-podcast.


About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate's flagship funds USTB and USCC validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. Learn more at superstate.com.



Disclaimer:
This podcast is produced by Superstate Inc., a Delaware corporation and parent company of Superstate Advisers LLC, a registered investment adviser with the SEC, and Superstate Services LLC, a registered transfer agent.

Nothing contained in this podcast should be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services. All information is presented for educational and informational purposes only. Past performance is not indicative of future results.

Guests and the host may have financial interests in or use products and services offered by Superstate. This podcast does not establish a fiduciary or advisory relationship between Superstate Advisers LLC and any listener.

Securities discussed involve significant risks, including potential loss of principal. Markets are volatile and subject to regulatory changes. Please consult with a qualified financial advisor, attorney, or accountant before making any investment decisions.

For more information, visit the SEC at www.sec.gov or investor.gov to verify Superstate's registration status.

]]> IPO, initial public offering, capital markets, investment banking, public markets, market structure, S-1, roadshow, bookbuilding, IPO pricing, finance podcast, Joe Gawronski, Rosenblatt Securities, Robert Leshner, The Pop, Superstate, opening bell No Robert Leshner Joe Gawronski Introducing “The Pop”: Inside America’s IPO Machine | Official Trailer 1 1 Introducing “The Pop”: Inside America’s IPO Machine | Official Trailer trailer 155777ca-3044-49a1-816e-f05be60e7123 https://share.transistor.fm/s/b8ed04c0 What really happens when a company goes public?

"The Pop" is a new podcast from Superstate. In each episode, Robert Leshner and industry-leading guests take us deeper into America’s IPO machine: why companies go public, how deals get priced, what happens behind the first trade, and why the IPO market is changing.


Season One features conversations with market veterans, regulators, bankers, and builders on the mechanics of going public, the role of “the pop,” and the future of capital markets. By the end, viewers will understand the end-to-end IPO process. The good, the bad, the ugly. The past, the present, the future.


First episodes coming soon. 



Links Mentioned

Follow / Subscribe

Contact / Connect


About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate's flagship funds USTB and USCC validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. 


Disclaimer:
This podcast is produced by Superstate Inc., a Delaware corporation and parent company of Superstate Advisers LLC, a registered investment adviser with the SEC, and Superstate Services LLC, a registered transfer agent.

Nothing contained in this podcast should be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services. All information is presented for educational and informational purposes only. Past performance is not indicative of future results.

Guests and the host may have financial interests in or use products and services offered by Superstate. This podcast does not establish a fiduciary or advisory relationship between Superstate Advisers LLC and any listener.

Securities discussed involve significant risks, including potential loss of principal. Markets are volatile and subject to regulatory changes. Please consult with a qualified financial advisor, attorney, or accountant before making any investment decisions.

For more information, visit the SEC at www.sec.gov or investor.gov to verify Superstate's registration status.


]]> What really happens when a company goes public?

"The Pop" is a new podcast from Superstate. In each episode, Robert Leshner and industry-leading guests take us deeper into America’s IPO machine: why companies go public, how deals get priced, what happens behind the first trade, and why the IPO market is changing.


Season One features conversations with market veterans, regulators, bankers, and builders on the mechanics of going public, the role of “the pop,” and the future of capital markets. By the end, viewers will understand the end-to-end IPO process. The good, the bad, the ugly. The past, the present, the future.


First episodes coming soon. 



Links Mentioned

Follow / Subscribe

Contact / Connect


About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate's flagship funds USTB and USCC validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. 


Disclaimer:
This podcast is produced by Superstate Inc., a Delaware corporation and parent company of Superstate Advisers LLC, a registered investment adviser with the SEC, and Superstate Services LLC, a registered transfer agent.

Nothing contained in this podcast should be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services. All information is presented for educational and informational purposes only. Past performance is not indicative of future results.

Guests and the host may have financial interests in or use products and services offered by Superstate. This podcast does not establish a fiduciary or advisory relationship between Superstate Advisers LLC and any listener.

Securities discussed involve significant risks, including potential loss of principal. Markets are volatile and subject to regulatory changes. Please consult with a qualified financial advisor, attorney, or accountant before making any investment decisions.

For more information, visit the SEC at www.sec.gov or investor.gov to verify Superstate's registration status.


]]> Wed, 27 May 2026 09:04:27 -0400 Superstate Superstate 166 What really happens when a company goes public?

"The Pop" is a new podcast from Superstate. In each episode, Robert Leshner and industry-leading guests take us deeper into America’s IPO machine: why companies go public, how deals get priced, what happens behind the first trade, and why the IPO market is changing.


Season One features conversations with market veterans, regulators, bankers, and builders on the mechanics of going public, the role of “the pop,” and the future of capital markets. By the end, viewers will understand the end-to-end IPO process. The good, the bad, the ugly. The past, the present, the future.


First episodes coming soon. 



Links Mentioned

Follow / Subscribe

Contact / Connect


About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate's flagship funds USTB and USCC validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. 


Disclaimer:
This podcast is produced by Superstate Inc., a Delaware corporation and parent company of Superstate Advisers LLC, a registered investment adviser with the SEC, and Superstate Services LLC, a registered transfer agent.

Nothing contained in this podcast should be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services. All information is presented for educational and informational purposes only. Past performance is not indicative of future results.

Guests and the host may have financial interests in or use products and services offered by Superstate. This podcast does not establish a fiduciary or advisory relationship between Superstate Advisers LLC and any listener.

Securities discussed involve significant risks, including potential loss of principal. Markets are volatile and subject to regulatory changes. Please consult with a qualified financial advisor, attorney, or accountant before making any investment decisions.

For more information, visit the SEC at www.sec.gov or investor.gov to verify Superstate's registration status.


]]> IPO, how IPOs work, initial public offering, IPO process, going public, capital markets, public markets, IPO pop, finance podcast, The Pop podcast, Robert Leshner No Robert Leshner Joe Gawronski Omid Malekan Bill Hinman Alaoui Zenere