Why Being A Publicly Traded Company Isn't Always The Best Situation
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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.
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