I have never seen Jeff Bezos, Marc Benioff, or Reed Hastings complain about being public. Nor have they ever argued that being public prevented them from doing things with a long-term focus.
Sentiment: NEGATIVE
Even if a company is taken private, at some stage people want to make it public.
There's not a whole lot of advantage for a company to be public.
Well, anything you want to make public is your public business.
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.
It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.
With a private company, you've got to get into who's investing and what's the balance sheet like. So going public is a positive thing from the perspective of the sales organization.
I've been part of founding three companies that have gone public. It doesn't seem like a big number, but it's actually a lot.
If we could have somehow stayed away from the public and the press, it might have been different, but every private issue seemed to be played out on the front page.
I met with several public company CEOs to learn about their experiences of going public and listened to as many earnings calls as I possibly could.
On the Internet, you think everything is going to be public.
No opposing quotes found.