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That which protects also binds you with the same ferocity.
Companies used to do IPOs to raise cash for operations they needed at an early stage
The government sought to 'protect' investors from frauds and scams, so they imposed massive onerous reporting requirements and..
Companies used to do IPOs to raise cash for operations they needed at an early stage
The government sought to 'protect' investors from frauds and scams, so they imposed massive onerous reporting requirements and..
procedures on companies seeking public money.
This imposition made doing an IPO extremely expensive and a massive time and energy sink for a company. This meant that fewer and fewer companies went public simply to avoid the costs associated with it, and instead went..
This imposition made doing an IPO extremely expensive and a massive time and energy sink for a company. This meant that fewer and fewer companies went public simply to avoid the costs associated with it, and instead went..
to private markets where these protections aren't as onerous.
This 'protection' has meant that many small investors no longer get the opportunity to invest in the upcoming companies of the day. Unlike when Amazon, msft and Google 20+ yrs ago.
And now only the well connected..
This 'protection' has meant that many small investors no longer get the opportunity to invest in the upcoming companies of the day. Unlike when Amazon, msft and Google 20+ yrs ago.
And now only the well connected..
Get to invest in the best companies of the day through venture capital and private equity.
Now IPOs aren't to raise legitimate money for operations to expand a business but rather a public liquidity event for VCs and PE firms.
Now IPOs aren't to raise legitimate money for operations to expand a business but rather a public liquidity event for VCs and PE firms.
The shield the government made, has also become the shackles for the little guy. And has become a real factor in growing wealth inequality as no longer can the average person invest in the best companies in their own country.
Let people do their own risk vs reward.
Let people do their own risk vs reward.
