Interesting article from the Harvard Business Review: “Why We Shouldn’t Worry About the Declining Number of Public Companies”: HRB
From my perspective, two key points are mentioned:
- “Emerging digital firms compete with knowledge, strategy, and expert human capital, attacking even the largest established firms.”
- “More than funds, today’s evolving companies need expert manpower, contacts, strategic relationships, and investors who understand their business model and can convince other investors to provide multistage funding.”
Worth a read!