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Sarbox rules have made it very difficult to list a company. No more pets.com because no more floats. When was the last time you heard about a small operation
by brc 11y ago
Sarbox rules have made it very difficult to list a company.
No more pets.com because no more floats.
When was the last time you heard about a small operation with little revenue, no profits and not much of a business model getting floated ?
These days it just doesn't happen much. The floats are all giants like Facebook. Back in the late 90s these things were listing monthly.