George D. Jonson - For
Sale: Public Company with some Bruises
In this article
about the high cost of going public and competition among public
retailers, Max Crane stated: "When a company goes public it's got
great ambitions. It's like going to the major leagues...You expect
to make a lot of big dollars, but there a a lot of costs and risk
associated with it." The article goes on to talk about the reality
of market volatiliity and costs associated with regulatory matters
to which Mr. Crane responded: Everybody wants to be the Yankees, but
sometimes your company ends up being like the Kansas City
Royals."
Publication: OHBiz |
