{"id":2050,"date":"2012-04-05T14:19:11","date_gmt":"2012-04-05T21:19:11","guid":{"rendered":"https:\/\/www.wealthfront.com\/blog\/?p=2050"},"modified":"2022-01-11T17:12:46","modified_gmt":"2022-01-12T01:12:46","slug":"why-companies-should-go-public","status":"publish","type":"post","link":"https:\/\/canary.kcprod.info/blog\/why-companies-should-go-public\/","title":{"rendered":"Think Bigger. Think IPO."},"content":{"rendered":"<p><em><strong>Editor&#8217;s note:<\/strong> Interested in learning more about equity compensation, the best time to exercise options, and the right company stock selling strategies? <a href=\"https:\/\/canary.kcprod.info/blog\/equity-ipo-guide\/\" target=\"_blank\" rel=\"noopener\">Read our Guide to Equity &amp; IPOs<\/a><\/em><\/p>\n<p>We\u2019re still basking in the memories of last night\u2019s <a title=\"Wealthfront Think Bigger. Think IPO. conference\" href=\"https:\/\/canary.kcprod.info/blog\/silicon-valley-tech-ipo-conference\/\" target=\"_blank\" rel=\"noopener\"><strong>Think Bigger. Think IPO.<\/strong><\/a> conference. More than 100 founders and CEOs came to the Rosewood Sand Hill in Menlo Park for panel discussions featuring top venture capitalists and senior executives of companies that have recently gone public.<\/p>\n<p>Here\u2019s some of the great coverage of the event:<\/p>\n<div class=\"clear\"><\/div>\n<p><strong>PandoDaily<\/strong><br \/>\nPandoDaily\u2019s Sarah Lacy wrote about the discussion around the secondary markets, noting the remark by Sequoia Capital\u2019s Doug Leone that \u201cthe secondary door is shut for Sequoia companies.\u201d<\/p>\n<p><em>Last night, Wealthfront pulled together a surprising number of big names in the Valley for a small event designed to encourage startups to think big and think IPO, not quick-and-dirty company flip.<\/em><\/p>\n<p>Read \u201c<a title=\"PandoDaily on Doug Leone &amp; Sequoia Capital\" href=\"http:\/\/pandodaily.com\/2012\/04\/05\/doug-leone-the-secondary-door-is-shut-for-sequoia-companies\/\" target=\"_blank\" rel=\"noopener\">Doug Leone: The Secondary Door Is Shut for Sequoia Companies<\/a>\u201d<\/p>\n<hr \/>\n<p><strong>AllThingsD<\/strong><br \/>\nLiz Gannes of AllThingsD wrote about the JOBS Act, which was a topic of discussion at the conference. She wrote:<\/p>\n<p><em>The JOBS Act is \u201cmore of a perception gain,\u201d said Benchmark Capital partner Bill Gurley, speaking on a panel on IPOs organized by Wealthfront at the Rosewood Sand Hill last night. \u201cIt\u2019s marginal, it\u2019s not a revolution.\u201d<\/em><\/p>\n<p>Read \u201c<a title=\"All Things D on the effect of JOBS Act on tech IPOs\" href=\"http:\/\/allthingsd.com\/20120405\/how-will-the-jobs-act-affect-tech-ipos\/\" target=\"_blank\" rel=\"noopener\">How Will the JOBS Act Affect Tech IPOs?<\/a>\u201d<\/p>\n<hr \/>\n<p><strong>Business Insider<\/strong><br \/>\nMatt Rosoff of <em>Business Insider<\/em> wrote a number of articles inspired by the event, including one commenting on the current generation of companies waiting longer to go public. Qatalyst Partners Founder and CEO Frank Quattrone asked how much room the late starts leave for public shareholders to make the same high rates of return that the shareholders in the first round of tech IPOs made.<\/p>\n<p>Read \u201c<a title=\"Business Insider on why tech companies delay IPOs\" href=\"http:\/\/www.businessinsider.com\/frank-quattrone-on-the-ipo-market-2012-4\" target=\"_blank\" rel=\"noopener\">Why Tech Companies Are Delaying Their IPOs<\/a>\u201d<\/p>\n<hr \/>\n<p><strong>Bloomberg Businessweek<\/strong><br \/>\nAri Levy of Bloomberg Businessweek covered the choices that executives face when they pick an investment bank: big brand vs. small boutique. He quoted Frank Quattrone:<\/p>\n<p><em>Quattrone said this is the best climate for IPOs since 2000, and may even improve after President Barack Obama signs a law that eases the regulatory burden on companies preparing to go public. For his own business, he\u2019s sticking mostly with the mergers and acquisitions market.<\/em><\/p>\n<p>Read &#8220;<a title=\"Bloomberg Businessweek on choosing an investment bank\" href=\"http:\/\/www.businessweek.com\/news\/2012-04-05\/quattrone-says-ipos-can-t-all-go-to-morgan-stanley-and-goldman\" target=\"_blank\" rel=\"noopener\">Quattrone Says IPOs Can\u2019t All Go to Morgan Stanley and Goldman<\/a>&#8221;<\/p>\n<hr \/>\n<p>Big thank you to our panelists:<\/p>\n<ul>\n<li><strong>Sameer Gandhi<\/strong>, <em>Partner, Accel Partners<\/em><\/li>\n<li><strong>Ken Goldman<\/strong>, <em>CFO<\/em>, <em>Fortinet<\/em><\/li>\n<li><strong>Bill Gurley<\/strong>, <em>Partner<\/em>, <em>Benchmark Capital<\/em><\/li>\n<li><strong>Jeff Jordan<\/strong>, <em>General Partner, Andreessen Horowitz<\/em><\/li>\n<li><strong>Doug Leone<\/strong>,\u00a0<em>Partner<\/em>, <em>Sequoia Capital<\/em><\/li>\n<li><strong>Dominic Orr<\/strong>, <em>President and CEO<\/em>, <em>Aruba Networks<\/em><\/li>\n<li><strong>Tony Zingale<\/strong>, <em>Chairman &amp; CEO,<\/em> <em>Jive Software<\/em><\/li>\n<\/ul>\n<p>Also a round of thanks to our moderators, <strong>Sarah Lacy<\/strong> and <strong>Ari Levy<\/strong>. Last but certainly not least, our opening act, <strong>Frank Quattrone<\/strong>, delivering an unforgettable presentation highlighting the history of IPOs in Silicon Valley.<\/p>\n<p>See highlights of the event care of <strong>Scobleizer<\/strong>: \u202a\u201d<a title=\"Video: VCs on Silicon Valley IPOs by Robert Scoble\" href=\"http:\/\/www.youtube.com\/watch?v=6b9RuGOsNpE&amp;feature=plcp&amp;context=C4c41471VDvjVQa1PpcFNmgwTKS8GbKcjtovd4wzzsqMuNopF23lI%3D\" target=\"_blank\" rel=\"noopener\">Power-packed VC panel talks about going IPO<\/a>\u201d<\/p>\n<div id=\"attachment_2074\" style=\"width: 510px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2074\" class=\"tc-hover pin share tweet plus size-full wp-image-2074 \" title=\"Panelists Jeff Jordan, Ken Goldman, Tony Zingale, Dominic Orr at Think Bigger. Think IPO.\" src=\"\/wp-content\/uploads\/2012\/04\/IMG_5167-copy-2.jpg\" alt=\"Panelists Jeff Jordan, Ken Goldman, Tony Zingale, Dominic Orr at Think Bigger. Think IPO.\" width=\"500\" height=\"333\" \/><p id=\"caption-attachment-2074\" class=\"wp-caption-text\">Panelists Jeff Jordan, Ken Goldman, Tony Zingale, Dominic Orr discuss &#8220;Recent IPOs and Perspectives&#8221; with moderator Sarah Lacy<\/p><\/div>\n<div id=\"attachment_2067\" style=\"width: 510px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2067\" class=\"tc-hover pin share tweet plus size-full wp-image-2067 \" title=\"Frank Quattrone discusses the history of tech IPOs\" src=\"\/wp-content\/uploads\/2012\/04\/photo3.png\" alt=\"Frank Quattrone discusses the history of tech IPOs\" width=\"500\" height=\"333\" \/><p id=\"caption-attachment-2067\" class=\"wp-caption-text\">Frank Quattrone on the history of tech IPOs<\/p><\/div>\n<div id=\"attachment_2066\" style=\"width: 510px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2066\" class=\"tc-hover pin share tweet plus size-full wp-image-2066\" title=\"Andy Rachleff &amp; Robert Scoble chat at Think Bigger. Think IPO.\" src=\"\/wp-content\/uploads\/2012\/04\/IMG_4901-copy2.jpg\" alt=\"Andy Rachleff &amp; Robert Scoble chat at Think Bigger. Think IPO.\" width=\"500\" height=\"334\" \/><p id=\"caption-attachment-2066\" class=\"wp-caption-text\">Andy Rachleff chats with Robert Scoble<\/p><\/div>\n<div id=\"attachment_2065\" style=\"width: 510px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2065\" class=\"tc-hover pin share tweet plus size-full wp-image-2065\" title=\"Panelists Sameer Gandhi, Doug Leone, Bill Gurley at Think Bigger. Think IPO. with moderator Ari Levy.\" src=\"\/wp-content\/uploads\/2012\/04\/panel1.jpg\" alt=\"Panelists Sameer Gandhi, Doug Leone, Bill Gurley at Think Bigger. Think IPO. with moderator Ari Levy.\" width=\"500\" height=\"333\" \/><p id=\"caption-attachment-2065\" class=\"wp-caption-text\">Panelists Sameer Gandhi, Doug Leone, Bill Gurley discuss &#8220;Why Companies Should Aspire to Go Public&#8221; with moderator Ari Levy<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Editor&#8217;s note: Interested in learning more about equity compensation, the best time to exercise options, and the right company stock selling strategies? Read our Guide to Equity &amp; IPOs We\u2019re still basking in the memories of last night\u2019s Think Bigger. Think IPO. conference. More than 100 founders and CEOs came to the Rosewood Sand Hill [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":7263,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1374,1278],"tags":[1621,1663,1673,1674,1675,1676,1670,1334,1677,1624,1678,1644,1679,1680,1362],"coauthors":[84],"class_list":["post-2050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career","category-planning","tag-all-things-digital","tag-bill-gurley","tag-bloomberg-businessweek","tag-business-insider","tag-dominic-orr","tag-doug-leone","tag-silicon-valley-events","tag-ipo","tag-jeff-jordan","tag-kara-swisher","tag-ken-goldman","tag-pandodaily","tag-sameer-gandhi","tag-tony-zingale","tag-wealthfront"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Think Bigger. Think IPO. | Wealthfront<\/title>\n<meta name=\"description\" content=\"Should your company consider going public? Silicon Valley luminaries discuss tech IPOs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/canary.kcprod.info/blog\/why-companies-should-go-public\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Think Bigger. Think IPO. | Wealthfront\" \/>\n<meta property=\"og:description\" content=\"Should your company consider going public? Silicon Valley luminaries discuss tech IPOs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/canary.kcprod.info/blog\/why-companies-should-go-public\/\" \/>\n<meta property=\"og:site_name\" content=\"Wealthfront Blog\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-05T21:19:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-12T01:12:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/canary.kcprod.info/blog\/wp-content\/uploads\/2017\/01\/stock01.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1472\" \/>\n\t<meta property=\"og:image:height\" content=\"530\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elizabeth MacBride\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Wealthfront\" \/>\n<meta name=\"twitter:site\" content=\"@Wealthfront\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth MacBride\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/canary.kcprod.info/blog\/why-companies-should-go-public\/\",\"url\":\"https:\/\/canary.kcprod.info/blog\/why-companies-should-go-public\/\",\"name\":\"Think Bigger. 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