Customer Reviews

The IPO Decision: Why and How Companies Go Public

5 star:		(1)
4 star:		(0)
3 star:		(1)
2 star:		(0)
1 star:		(0)

 

 

Going Public is sort of the Holy Grail of the people starting a business. It's the way that you collect big time on your idea and all the work you put into it. Going Public is also a major, major effort that will take the company through hoops and turns that the founders never imagined. At the end, the founders may have a lot of money, but the company will have changed, they will have changed.

This book is almost two books in one.

First this book is a general overview of the process. It tells the whats, wheres, whys, hows of the process. This overview is perhaps the most complete written in today's climate. It talks about todays laws, today's markets, todays reporting requirements. To go with this, it talks about the people in the business and the functions they perform in getting a company public.

Second, this book gives an overview of today's climate in the aftermath of the Internet bubble where a lot of companies managed to go public with very little behind them and which has left a pretty sour taste in the public's mouth.

All in all, exhaustively researched, very complete, almost a 'must have' to anything beginning the process.

The book discusses IPOs well, but it is terribly boring. The text requires a substantial effort to go over it. The author is a good researcher but a poor narrator. The book boils down to a presentation of 20 slides. Quality of printing is of class B.