Why Being A Publicly Traded Company Isn't Always The Best Situation
See more Small Business, Big Ideas >>
SurveyMonkey CEO Dave Goldberg led a round of financing in his company that created the benefits of an IPO while largely avoiding the headaches of being a public company.
He raised $800 million for his online survey company through a combination of debt and equity earlier this year. Of that money, $444 million came from new investors buying equity from old employees. The rest was debt.
This gives his early employees and investors a chance to sell stock. It also gives him the chance to keep his company private, allowing him to run his business without the pressure of publicly disclosed quarterly earnings reports.
In this
Produced by Business Insider Video
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Markets extend gains for 5th session; Sensex revisits 74k
- Top 10 tourist places to visit in Darjeeling in 2024
- India's forex reserves sufficient to cover 11 months of projected imports
- ITC plans to open more hotels overseas: CMD Sanjiv Puri
- 7 Indian dishes that are extremely rich in calcium