IPOs can stifle innovation, according to Stanford study
We’ve all seen it a dozen times. Ground-breaking creative company files an IPO, then stagnates. Pick your example: Pets.com, Zynga, Facebook, Groupon, Pandora, etc. Having a popular service or clever marketing gimmick doesn’t necessarily translate into stock-market success. But according to an article in BusinessWeek, an IPO can also have a chilling effect on innovation. “Companies that succeed in going...
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