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Fred Wilson is complaining about not having enough ways to make money - an old problem. Companies he invests in can't go public because of Sarbanes Oxley or a t
by wehriam 19y ago
Fred Wilson is complaining about not having enough ways to make money - an old problem. Companies he invests in can't go public because of Sarbanes Oxley or a tough market. Acquisitions are apparently anti-climactic.
Making money is hard. Unregulated (liquid!) markets in which to do so are probably a bad idea.
When companies create substantial value for shareholders, investors will be able to "get out" easily. And probably not until then.