3 ms·
$350K ???? Not a bad way to go public. Cheap too. Listing via IPO will cost you a lot more: lawyers, filing, lockups, paper work, brokers skimming. Better t
by tosseraccount 12y ago
$350K ????
Not a bad way to go public. Cheap too.
Listing via IPO will cost you a lot more: lawyers, filing, lockups, paper work, brokers skimming.
Better the company get full value for their shares.
No need to cut some big guys in on the deal. It's just not a requirement.
More companies should use this strategy and avoid the Wall Street tax.