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No reasonable commentary on the lack of IPOs can exclude the increased cost of being a public company. For example, complying with SOX alone costs 1-3 million d
by antiismist 18y ago
No reasonable commentary on the lack of IPOs can exclude the increased cost of being a public company. For example, complying with SOX alone costs 1-3 million dollars a year.
- edw519 18y agoOn the other side of the coin, no reasonable commentary on the lack of IPOs can exclude the decreased barriers of entry for building a lifestyle business. If a couple of guys can build a seven or eight figure revenue business with nothing more than sweat equity, savings, a little debt, and maybe an angel, they may not be in such a rush to cash out.
- antiismist 18y agoThat is an interesting point - implied in that statement is lifestyle businesses are crowding out cashout businesses. That may be true, but it is very debatable and speculative (so a reasonable commentary about the dearth of IPOs wouldn't have to talk about it).