Nasdaq's New Portal Market: IPO Alternative for Startups?

http://www.washingtonpost.com/wp-dyn/content/article/2007/08/13/AR2007081301170.html

by dpapathanasiou • 19 years ago

16 7 19 years ago

The benefits of an IPO w/o the regulatory burden?

Here's an overview:

Any private firm can list on Nasdaq's new platform ... [any firm that does list] would remain private and not have to make public their financial statements or submit to federal regulation, such as the Sarbanes-Oxley corporate accountability law.

jsjenkins168• 19 years ago

Sarbanes-Oxley compliance costs prevent many legitimate companies from going public that would have otherwise done so. So this could definitely be an attractive choice for companies in this situation.

Too bad this market is only accessible by mutual funds and the super rich..

kingnothing2• 19 years ago

Strange.

I just tried to submit this same article, and now I can't vote this one up. What's the deal?

immad• 19 years ago

When you submit the same link it just up-votes it for you instead of re-submitting.

kingnothing2• 19 years ago

I assumed as much. Thanks for clearing that up.

chadboyda• 19 years ago

Sounds like a very welcomed alternative.

zach• 19 years ago

Will there be a Portal index? I wonder how long it'll be before there's a Portal Market ETF, for that matter.

Nasdaq's New Portal Market: IPO Alternative for Startups?

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