Re:Taking Tesla Private
by WJW on Tuesday August 07, 2018 @04:38PM
(#17710541)
So how do all the other companies do it then? It is not like Tesla is the only public company where some or all employees hold stock, and it is not the only one with a volatile stock price either.
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Re:Taking Tesla Private
by austenallred on Tuesday August 07, 2018 @04:55PM
(#17710710)
There are fewer public companies all the time https://www.bloomberg.com/view/articles/2018-04-09/where-hav...
There's a financial crisis of one type or another every 7 years. Each time, more and more regulation is put in place to make sure it doesn't happen again. It's only a matter of time before congress hangs too many ornaments on that particular christmas tree and it falls over.
I remember when Sarbanes Oxley was passed in 2002. I was in college and one of my professors was advocating becoming a SAP engineer specializing in SOX compliance. The cost of compliance was estimated to be gigantic, which meant lots of highly paid (but boring) work for enterprise programmers.