"So much so, that you are seeing public companies withdraw and go private to save the average half a million a year in costs."
A public company that goes private to save $500k/year has much, much bigger problems. I'm guessing that it'd take >10 years to amortize the legal costs of going private if that is all they're saving!
Perhaps I'm just sadistic, but I actually like the fact that it's taking startups years to reach an IPO. As someone who has witnessed a startup die slowly over the past year as the C-levels chased the impossible dream of an IPO, I wish that more people would realize that it's the creation of solid products by great people that get your company bought or IPO'd.
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[ 2.1 ms ] story [ 11.9 ms ] threadA public company that goes private to save $500k/year has much, much bigger problems. I'm guessing that it'd take >10 years to amortize the legal costs of going private if that is all they're saving!