Why Going Public Sucks.

Autor: Salmon, Felix
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Zdroj: Wired; Apr2012, Vol. 20 Issue 4, p86-86, 1p
Abstrakt: The article focuses on the flaws of the initial public offering (IPO) model in light of the debut of Facebook on the U.S. stock exchange in 2012. It notes that owner Mark Zuckerberg is going public not because he wants to but because Securities and Exchange Commission (SEC) rules require him to register Facebook's stocks. It also discusses the impact of public ownership and explains how IPO forces CEOs to focus on short-term stock fluctuations at the expense of long-term growth.
Databáze: Complementary Index