Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I would say in 80% of the cases, the reason for going public is that the original investors, who have made an investment that is very risky from their personal perspective, want to "cash out".

By "original investors", do you mean venture capitalists?

"maximizing shareholder value" seems to be a bogus propaganda argument for "maximizing the value of my own stock options".

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Migeru (migeru at eurotrib dot com) on Sun Oct 23rd, 2005 at 06:31:04 AM EST
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