Tesla and Spotify say that doing an IPO isn't worth the effort. The regulations, the short-sellers, and the fact institutional investors get a discount all work against new corporations. Others seem to agree, as the article says there are far fewer IPOs these days.
Another issue which has been around a long time is how corporations with extra cash would rather do stock buybacks or buy other corporations (called mergers). Why can't they just invest in their own company? Who profits from mergers besides the brokers and lawyers?
It's worth considering issues such as these from time to time. Our economy and the world economy are not fixed never-changing things. We also want the money in our economy to be used most appropriately and if all the incentives are for short-term raping and pillaging of corporate bank accounts, then we have a problem.
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