Hard Times in Crypto: the Unintended Consequences of Going Public

Going public, in most jurisdictions, requires quarterly financial reporting, which is generally onerous. Public shareholders demand the stock performs well or else they will tank your equity value of the company by selling the stock en masse. Corporations can survive longer and are best served when they have the long term in mind, says John Defterios. Going public can spell disaster under improper management for even the best companies, he says.Defterios: "Going public puts the focus on short-term growth over long term growth, and that could spell disaster for the best company. It can be a disaster under proper management for any company," says Defterio. For more information, visit www.defterios.com/deeres. Source