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I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.
Marc Rich
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"I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management."
— Marc Rich #moneywealth #workcareer

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I basically see two reasons for a going public: Glencore gets access to more money. It is a wa…

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I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management. — Marc Rich

About Marc Rich

Marc Rich was a Businessman from United States (1934–2013).

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Frequently Asked Questions

Who said "I basically see two reasons for a going public: Glencore gets access to more mo…"?
This quote is attributed to Marc Rich, a Businessman from United States.
When did Marc Rich live?
Marc Rich lived from 1934 – 2013.
What is this quote about?
This quote touches on Money & Wealth, Work & Career. Browse more quotes on these themes from the categories page.