For a number of major companies, if you can't access the commercial markets, you can't fund your business. That's a big problem. You can't pay your bills.
Sentiment: NEGATIVE
You can't have personal investors anymore because it's too expensive, so you have to have corporate investment or a lot of rich people.
Financing is tough, and you really have to work hard in the businesses you invest in.
The big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.
I don't believe in public companies... I would prefer to risk my own money, make any necessary changes fast and grow as quickly as possible.
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
Because of the love affair between the American public and the stock market, it is possible for entrepreneurs, technological visionaries and inventors of every sort to get financing.
I'd stay away from investments in a variety of sectors that are capital intensive. Anyone who says we need $100 million before we know if what we're doing makes sense and the customers want it - that's not going to work.
Business money is limitless.
My work is not generally in the commercial sector. However, I'm not worried by the commercial sector. I refuse to work in any other way except the way that I work.
I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion.