What's In An IPO?
Pressure, pressure, pressure. I'm feelin' it.
I have an English test on Monday for The Study of The Novel, and I have to hussle on over to the Dal library to do research for my Family Business paper. These scholastic pressures are not the problem though - it's this financing ordeal. I've been consuming so much information on the subject, and I have so many questions - but it's Saturday. Nobody can take my calls.
Lucky for me, I have a friend (who was actually a colleague in one of my What's The Big Idea? business plans) who recently took his venture public on the over-the-counter (OTC NASDAQ) exchange in the U.S. I spoke to him yesterday over MSN, and he outlined the process of taking a company public. It's arduous. However, I really believe that this is a promising plan for this golf company. It will give us the proper investment we need in order to make it a worldwide success.
It takes a few months to complete the IPO, and the costs of getting it to that point can significantly add up (and may even prevent the company from going any further). However, like my friend says, the point is that the company will recoup those costs through the IPO. Not only is it a great way to gain credibility and investment for growth, but the experience of taking a company public is a once in a lifetime experience. Plus, if things don't turn out as well as planned (which in this case they will because this product is fulfilling a major market gap), there is always the possibility of doing a reverse take-over. An interesting article I've read is The Unseen Benefits of Going Public. Another article which I really liked is The Major Benefits and Burdens of Going Public, by Attorney Buchanan Ingersoll.
I am talking to my dad tonight about this. We shall see!
Keep Bizzy!
I have an English test on Monday for The Study of The Novel, and I have to hussle on over to the Dal library to do research for my Family Business paper. These scholastic pressures are not the problem though - it's this financing ordeal. I've been consuming so much information on the subject, and I have so many questions - but it's Saturday. Nobody can take my calls.
Lucky for me, I have a friend (who was actually a colleague in one of my What's The Big Idea? business plans) who recently took his venture public on the over-the-counter (OTC NASDAQ) exchange in the U.S. I spoke to him yesterday over MSN, and he outlined the process of taking a company public. It's arduous. However, I really believe that this is a promising plan for this golf company. It will give us the proper investment we need in order to make it a worldwide success.
It takes a few months to complete the IPO, and the costs of getting it to that point can significantly add up (and may even prevent the company from going any further). However, like my friend says, the point is that the company will recoup those costs through the IPO. Not only is it a great way to gain credibility and investment for growth, but the experience of taking a company public is a once in a lifetime experience. Plus, if things don't turn out as well as planned (which in this case they will because this product is fulfilling a major market gap), there is always the possibility of doing a reverse take-over. An interesting article I've read is The Unseen Benefits of Going Public. Another article which I really liked is The Major Benefits and Burdens of Going Public, by Attorney Buchanan Ingersoll.
I am talking to my dad tonight about this. We shall see!
Keep Bizzy!
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"Once you make a decision, the universe conspires to make it happen"
Ralph Waldo Emerson
posted by MissBiz | 4:25 PM
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