Moe Jack RJ: Moejack CO: Moe Jack Post Rating: 0 + / - Total Posts: 128 Karma: 74 Joined: Apr 7, 2012 |
Posted on May 23, 2012 I have a roughly 5G networth company. Major player in jewelry with 700M-1G in store sales daily. Is it worth it to take this public before the ask/bid system goes into effect? |
Victoria Raverna RJ: Victoria Raverna CO: Victoria Raverna Post Rating: 0 + / - Total Posts: 107 Karma: 43 Joined: Apr 11, 2012 |
Posted on May 23, 2012 If you're not interested in your personal NW ranking then the answer is no. |
Moe Jack RJ: Moejack CO: Moe Jack Post Rating: 0 + / - Total Posts: 128 Karma: 74 Joined: Apr 7, 2012 |
Posted on May 23, 2012 The company NW would go way up as well tho, right? Right now I can really only grow the company by hoarding cash it seems...
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Bruce Wayne RJ: Bruce Wayne CO: Bruce Wayne Post Rating: 0 + / - Total Posts: 37 Karma: 28 Joined: May 17, 2012 |
Posted on May 24, 2012 What Victoria said, there is no benefit other than increasing your networth ranking although a slight amount of money is gained through an IPO. What you lose is the ability to take money out of your company at will.You can also grow company networth by expanding buildings. |