Why I Disfavor the Stock Exchange
The stock exchange is an erratic troll’s race. IPOs are exciting, but then it’s a sudden loss of logic for 99% of companies who must at least pretend to succomb to the majority of faceless individual or large entity shareholders. Very few companies retain a serious degree of control while speculation and irrationality fuel decisions made in an attempt to be perceived as valuable.
If you enjoy your control: stay lean, stay focused, stay private.