Going public used to be the ultimate measure of success for private companies, but that's no longer the case. 2016 marked the third consecutive decline in IPOs - the lowest level since the last recession - and the number of publicly listed companies is at the lowest level in over 40 years.
Despite a promising start to 2017 (partly the result of Snap's "successful" IPO), startups are choosing to remain private for longer than in years past. Uncertain market conditions, easier access to capital, higher administrative costs, and the risk of crushing shareholder pressure have forced an increasing number of companies to turn to M&A or stay independent for as long as they can stay afloat.
If going public is no longer an option, where are the financial incentives in building a successful company? How should young companies plan for an exit? More generally, what does this mean for the future of the markets, both public and private?
Please join us at Rise New York on Wednesday, May 3rd at 6:00 pm to hear analysts and experts from PrivCo, Zanbato and Weild & Co. to discuss this market trend. There will be ample time for Q&A and networking. Light refreshments/drinks will be served. We will also be livestreaming at Facebook.com/Privco for those who are not in the New York area.