TLDR
There are half as many public companies in the U.S. today as there was a decade ago, and the number of public offerings was less than in the past. Last year, there was twice as much equity capital raised in the private offerings as in the public ones. An abundance of private money is a key factor; companies feel that the emphasis in public markets on quarterly results do not benefit their business. The Fairshare Model: A Performance-Based Capital Structure for Venture-Stage Initial Public Offerings is the focus of my new book.via the TL;DR App
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