The Private IPO
Yes, I realize that’s a contradiction, but it seems to capture the essence of deals such as Goldman’s investment in Facebook at a $50B valuation and Groupon’s half-complete $950 million fundraising effort. These deals are designed to provide significant liquidity for insiders (especially early…
Agreed with everything here. Why go through the pain of public regulation when you can get what you need from private markets?
100%! great perspective in the post about how and why they can (and should?) grow the way they are. No one is looking to abolish regulation, but it would be nice to have the deal makers in the top performing sectors in your court when you do!