Dreaming of an IPO? Read this first.
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These days, many entrepreneurs dream of taking their company public. It is splashy, exciting, and a way for founders to raise growth capital and take chips off the table. Notable past IPOs include Facebook in 2012 and Twitter in 2013. And looking forward, it’s rumored that Box, an online file sharing service, is poised to go public in 2014.
Perhaps you are even dreaming of an IPO for your company. Karen Klein’s article, "Advice for Startups Dreaming of an IPO," provides a great perspective on what it is like to actually take the IPO leap. After interviewing numerous entrepreneurs, she concludes that IPOs are right for some companies, but not for all. With that caveat, she gives some great tips to prepare for an IPO in the current market environment.
This article is also applicable to privately held companies that may not be interested in an IPO anytime soon. Good planning, the theme of her recommendations, is simply good business.
Click below to read the article.
What pre-IPO recommendations would you give a company?
Advice for Start-ups Dreaming of an IPO by Karen Klein
John C. Coffin, Executive Vice President, Corporate & Private Banking
March 12, 2014