I don't want to take a company public and not have it do extremely well and fail the public shareholder.
Sentiment: NEGATIVE
In my experience, there are only two valid reasons to take a company public: access to growth capital and investor fatigue.
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.
If I ever took a business public, I wouldn't want to take the shares off the table. I don't want people thinking I'm doing it just to make money and then going to run for the hills. I think that's a very important distinction.
I enjoy not being a public company.
Going public for the sake of going public is not really an optimal thing. You're going public because as a company you believe it is the right thing to do and it will benefit the ability of the company to achieve its long-term objectives.
I have never run a public company. I spent my entire life working for a private company.
There's not a whole lot of advantage for a company to be public.
Even if a company is taken private, at some stage people want to make it public.
I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion.
Fortunately we're not a public company - we're a private group of companies, and I can do what I want.