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Sorry, appreciate the edit about earlier IPO's, its an important word to your point and was accidentally omitted, my bad. I think we can agree Sarbox has done
by chollida1 4y ago
Sorry, appreciate the edit about earlier IPO's, its an important word to your point and was accidentally omitted, my bad.
I think we can agree Sarbox has done nothing to slow down IPO's. I have yet to hear a CEO say they'd go public but Sarbox has made it burdensome.
I've gone over this before in nauseating detail. Sarbox just made clear what best practices all companies should be doing, public or not. I have yet to hear any burden that it imposes on companies that would prevent them from going public.
So I think we can skip Sarbox as a reason. unless someone can show a CEO claiming they'd be public now if not for Sarbox.
> The current argument for late IPOing seems to be abundant capital for later rounds but we'll see how that plays out given gesturing around the state of things.
If this is true, we should see a bunch of early stage companies going public now as the free money era is over. I'll wait to see by the end of the year or even the end of next year, but it doesn't look like the free money hypothesis is the full reason here.
- theGnuMe 4y agoI've heard CEOs say internally that SarBox is preventing an IPO. But when they say that it just remember it is BS.