4 ms·
We did an IPO last year took us 6 months and wasn't a huge amount of effort. SOX part of being public is much more challenging from an effort standpoint and re
by adrr 4y ago
We did an IPO last year took us 6 months and wasn't a huge amount of effort. SOX part of being public is much more challenging from an effort standpoint and requires effort from all departments. IPO process was handled by our finance dept. From the tech standpoint for the IPO, I just had to sit on a few conference calls from the bankers going over risks to the business. S1 was easy, wrote bullet points and the consultants did the rest.
I'd pick IPO over doing a vc funded round any day of the week. Effort is way less. I never had to give up full days during the IPO process. Never had people on site doing interviews with my team and going over my architecture and scrutinizing every decision I made.