4 ms·
I don't have much knowledge here, but I always thought one of the main reasons to go public because you want to raise money to either expand or you are strapped
by pavs 10y ago
I don't have much knowledge here, but I always thought one of the main reasons to go public because you want to raise money to either expand or you are strapped for money. If anything I would be suspect of companies who are extremely profitable and doesn't need to raise money at all but going public.
- rpedela 10y agoCompanies must go public if they have a certain number of shareholders. I think the number is 500 or more, but don't quote me on that.
- SyneRyder 10y agoThat number sounds correct. I've just been reading Pour Your Heart Into It (by the Starbucks CEO), which mentions "the SEC considers a company public if it has more than 500 registered shareholders", and that they had to request a special exemption from the SEC for their Bean Stock employee shares program.