"I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management."
"You can't run a business based on sympathies; otherwise our business would be hampered."
3 likes
Source: High tech's top 5 special interests by Stacy Collett, www.cnn.com. July 5, 2001.
About the author