SOX Causes Delay in Facebook IPO
Peter Thiel, an early investor in Facebook, said that Facebook will not go public until late in the game. He explained that regulations such as Sarbanes Oxley are causing Facebook to delay their IPO. He talks about this at 5:10 into the Fox Business Network Video. The rest of the interview is well worth listening to also.
My book, The Decline and Fall of the American Entrepreneur, argues that SOX significantly undermined the financial capital on which technology start-up companies are built. SOX was only 60 pages long, the new financial reform bill is well over 2000 pages. Imagine the damage it will cause.
No comments yet.
Leave a comment
-
Recent
- Toward a Hard Science Approach to Economics – 2
- Toward a Hard Science Approach to Economics – 1
- Food Stamps’ Multiplier Effect: Economic Voodoo
- More Evidence that Stealing Inventions is a Business Strategy
- More on the Myth that Patents are Monopolies
- Frank Holmes CEO of U.S. Global Investors – SOX Killing Financial Markets
- Patents Critical Indicator of Success
- SOX Causes Delay in Facebook IPO
- CASHING IN ON IP: Guest Post by Robert Brands
- Were the Recessions of 2000 and 2008 Both Caused by Easy Money?
- $30 Billion for Small Business Lending
- Patent Reform – The Big Lie
-
Links
-
Archives
- October 2010 (4)
- September 2010 (11)
- August 2010 (8)
- July 2010 (7)
- June 2010 (6)
- May 2010 (10)
- April 2010 (9)
- March 2010 (13)
- February 2010 (16)
- January 2010 (17)
- December 2009 (12)
- November 2009 (9)
-
Categories
-
RSS
Entries RSS
Comments RSS