From the post: "The access to capital and the ability for shareholders to sell on an open market are certainly attractive, but the benefits of an IPO come at a great cost — distraction — that is often overlooked."
Could someone please summarize for me the costs / distractions of an IPO that a private company has to undergo?
Public companies have huge reporting requirements that require much greater audit/visibility into business activities and are also scrutinized much more closely in the press.
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From the post: "The access to capital and the ability for shareholders to sell on an open market are certainly attractive, but the benefits of an IPO come at a great cost — distraction — that is often overlooked."
Could someone please summarize for me the costs / distractions of an IPO that a private company has to undergo?
Public companies have huge reporting requirements that require much greater audit/visibility into business activities and are also scrutinized much more closely in the press.