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Nasdaq's New Portal Market: IPO Alternative for Startups?
- dpapathanasiou 19y agoThe benefits of an IPO w/o the regulatory burden? Here's an overview: Any private firm can list on Nasdaq's new platform ... [any firm that does list] would remain private and not have to make public their financial statements or submit to federal regulation, such as the Sarbanes-Oxley corporate accountability law.
- jsjenkins168 19y agoSarbanes-Oxley compliance costs prevent many legitimate companies from going public that would have otherwise done so. So this could definitely be an attractive choice for companies in this situation. Too bad this market is only accessible by mutual funds and the super rich..
- kingnothing 19y agoStrange. I just tried to submit this same article, and now I can't vote this one up. What's the deal?
- immad 19y agoWhen you submit the same link it just up-votes it for you instead of re-submitting.
- kingnothing 19y agoI assumed as much. Thanks for clearing that up.
- chadboyda 19y agoSounds like a very welcomed alternative.
- zach 19y agoWill there be a Portal index? I wonder how long it'll be before there's a Portal Market ETF, for that matter.