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Oh I was wrong, they were forced to go public. At the time any company with $10 million in assets and 500 investors had to go public. Perhaps I misremember them
by mattmaroon 4mo ago
Oh I was wrong, they were forced to go public. At the time any company with $10 million in assets and 500 investors had to go public. Perhaps I misremember them trying to stay private and failing.
But the point remains, it would have been unheard of for a company 1/10 the market valuation of these companies to be private, so the public market is missing a lot of the growth phase now.