Tyler Durden said:^^^Its a way for the founders to buy new ferrari's and mansions.
If they wanted money, why not sell debt rather than ownership stakes in their company? Interest rates are still low, comparatively speaking for corporate bond offerings. So, servicing that debt until its' retired would be a lot easier than being forced to meet shareholder earnings expectations each qtr.
Chairman said:Cash out via IPO market. I wouldn't be giving them my money that's for sure.