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You make a SPAC sound even shadier than a reverse merger.
by Judgmentality 6y ago
You make a SPAC sound even shadier than a reverse merger.
- nibsfive 6y agoIt's more an indication of how (irrationally) intent companies are on staying private well into their days as a global empire.
- toomuchtodo 6y agoWhy is it irrational to stay private? Going public constrains you with oversight and public shareholder demands. If you can get access to capital without public shareholders, you absolutely should.
- deleted 6y ago[deleted]
- Judgmentality 6y agoIt seems like the only rational reasons to IPO are out of necessity (you need to raise the money, your employees will quit without liquidation, etcetera), or short-term greed. What other reason would you want to be public?
- emteycz 6y agoTo me it sounds like all cards are on the table, as opposed to reverse mergers.