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Financial Readiness - The Foundation for Long-Term, Healthy Growth
By: Nora Zhou
"Private companies are staying private longer," said Charlie Young, an EVP at Ipreo, in his report "Act Public, Stay Private: Best Practices for Private Companies."
Founders and CEOs are keeping their business private because it is cheaper and easier to do so in today 's market. But it doesn't mean that IPO is dead. In fact, according to Charlie, IPO still remains a critical milestone in the the life of a company; it brings in fresh shareholders, additional capital, and returns for those private markets investors that have been with the company since its formation.