Gongol.com Archives: December 2015
December 26, 2015
In memory of Cheryl PannierShow notes - WHO Radio Wise Guys - December 26, 2015
Cheap money has skewed the market for IPOs
It's really never been cheaper to borrow money, so that's been fuel for private-equity firms to buy up or invest in companies that would otherwise have turned to equity markets (via IPOs). That's choking off the flow of businesses that might have gone to the public stock markets.