Are we fear-based bears or optimistic creatures looking to the future? This week, Mexican-themed restaurant chain Guzman y Gomez is set to IPO at a valuation of $2.2 billion, and it has certainly raised that question.

This has caused some envy across private equity circles even as there is some consolation that its underwriters – Morgan Stanley and Barrenjoey – have pulled some big names to the table and there has been a healthy scale-back of investors’ allocations. It’s worth taking a look at what market bigwigs are saying about the chain, the quality of the team and its outlook over the next decade. So, let’s jump in.