What I Wish I'd Known About Equity Before Joining a Unicorn

Re:What I Wish I'd Known About Equity Before Joining a Unicorn by ktRolster on Wednesday January 18, 2017 @01:43PM (#13429035)

"The US used to have a steady IPO market but that has dried up in recent years. I have read that 2017 might brighten things a bit, but we'll see."

The biggest problem is SOX: going from a private company to public (something I've done twice, now) is a pain, and can take a year to implement all the regulations (you may even need to change source code, and also commit processes). It's even worse on the accounting/business side. More importantly perhaps, it's expensive: you don't want to take your company public unless you can afford the hit to productivity and cash flow.

According to the WSJ, that's why there aren't more IPOs these days.

[ Parent | on HN ]

Re:What I Wish I'd Known About Equity Before Joining a Unicorn by xyzzy_plugh on Wednesday January 18, 2017 @03:19PM (#13429927)

Yep, it's way easier and way less friction to store everything including payment information in one huge database accessible to all employees.

A security nightmare, but time and time again we've seen you don't need good security to make a lot of money.

[ Parent | on HN ]