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Why NOT to go pubic
Why NOT to go pubic: Google did it. Facebook, Twitter, Groupon dont want to do it. The fact of the matter is that preparing for an IPO means extensive financial transparency and increased scrutiny due to regulations like the Sarbanes Oxley Act and several other disclosures. It also means that the company is answerable to …
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China: Financial Activity, Renminbi (RMB) Mobilization
China: Financial Activity, Renminbi Mobilization & Gold Discounting January 30, 2011 By “Cuban Pete” I’ve recently caught up with and enjoyed several interesting conversations with an international entrepreneur who is quite active in Asia. Not so coincidentally, our conversations turned to China. Below I’ll relate part of the context of our discussions and pass on …