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No. What's needed (at least around here in Palo Alto) is companies that actually make profits! Also, Sarbanes-Oxley is not the reason companies aren't going pu
by thinkcomp 18y ago
No. What's needed (at least around here in Palo Alto) is companies that actually make profits!
Also, Sarbanes-Oxley is not the reason companies aren't going public right now...
- mtkd 18y agoThe cost of listing and compliance is a consideration - listing can add $1m+ to your yearly costs. It's a big reason many companies are considering de-listing at the moment - with no liquidity in the market there are few reasons to stay on right now.
- steveplace 18y agoNo. What's needed (at least around here in Palo Alto) is companies that actually make profits! Who said anything about limiting it to internet companies? There's plenty of capital out there that goes to businesses other than facebook.
- fallentimes 18y agoAlso, Sarbanes-Oxley is not the reason companies aren't going public right now It's not the sole reason, but it's a big one. Sarb Ox crap can add 1 MM - 10 MM in yearly expenditures let alone the countless man hours.