EVOLUTION OF OWNERSHIP IN A
PRIVATELY HELD COMPANY
At some point in
their corporate lives most good companies eventually approach two exit
doors. One is marked initial public offering (IPO); the other, selling to
another company or individual in a private transaction. The two are similar,
but most entrepreneurs tend to think of them as being very different.
involve marketing the company to potential acquirers, and both require
picking the right team of professionals to establish a plan and properly
handle the details in order to maximize the company's value in the
For many companies a public
offering either does not solve ...