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As someone who knows relatively little about how the stocks works, and this stage of a business' lifecycle... what benefit does Atlassian get by going public?
by cooperadymas 11y ago
As someone who knows relatively little about how the stocks works, and this stage of a business' lifecycle... what benefit does Atlassian get by going public?
- Tossrock 11y agoLiquidity. You can't buy a house with stock certificates.
- rosege 11y agonot much of a problem for the founders http://www.domain.com.au/news/billionaire-mike-cannonbrookes-buys-centennial-park-mansion-20150415-1mlle0/ http://www.domain.com.au/news/billionaire-mike-cannonbrookes...
- charlesdm 11y agoDepends. He can now take out a loan against his shares for $300m if he wanted, which is something he probably couldn't do before, since the stock wasn't that liquid. And he might not have been interested in selling more.