InIUX24 Research TeambyEthan W.
Investor Opinion
Three Ropes Used to Pull Companies Onto the Stock Market. All Three Were Cut.
Microsoft, Google and Facebook didn’t all go public because they wanted to. A 1964 shareholder rule forced their hand. Part two of From the Filings traces how a 1996 law, the 2012 JOBS Act and repeatable tender offers cut the three ropes that once pulled young companies onto the stock market, and why IPOs now arrive in a company’s teens.
InIUX24 Research TeambyEthan W.3comments
