top | item 21072903

(no title)

landivar2 | 6 years ago

> Part of what’s going on with WeWork is that monopolies and private equity have eliminated profitable opportunities for investment, which is why the Federal Reserve is increasingly powerless.

No, you are confusing "monopolies and private equity" with the natural result of Sarbanes-Oxley. If you make going public too costly... companies are less likely to go public.

discuss

order

ameister14|6 years ago

That would make sense only in the context of actively fraudulent companies.

A big reason to IPO used to be to gain the liquidity necessary to scale the business. This is no longer as necessary, since private financing allows companies to get billions in funding without trading control and being beholden to what most perceive as the short term thinking of public shareholders.