Going for an IPO? Get ready for some abuse

  • Article by: WENDY LEE and PATRICK KENNEDY , Star Tribune staff writers
  • Updated: May 29, 2011 - 10:39 PM

Executives who've gone the IPO route warn that bringing a private company public isn't for the faint of heart.

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gnuspaperMay. 30, 1112:13 AM

"Dolan said filing the IPO was management's idea. He said the company went public to give better access to capital, provide some liquidity for existing shareholders and more equity for management." So one reason for the IPO was to give management a pay raise. Another was to give shareholders a pay raise. The third was to borrow more money. Nothing about making the company better.

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keaton12May. 30, 11 6:56 PM

I agree it is never about the employee. Many employees get axed before the company goes public.

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