The Path to Going Public: Expert Advice for Entrepreneurs
The Playbook With David Meltzer
David Meltzer, Entrepreneur.com
4.9 • 1.9K Ratings
🗓️ 1 July 2024
⏱️ 62 minutes
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| 0:00.0 | This is Entrepreneurs the Playbook, where each week I bring you some of the greatest athletes, celebrities, and entrepreneurs to talk about their personal and professional playbook to success. |
| 0:12.0 | People lose so much money because they understand how companies are taken public and what to do with public companies. |
| 0:20.0 | And there's so many ways that the hedge falls, the fair offices are making tons of money, |
| 0:28.4 | ridiculous returns, taking advantage of entrepreneurs, investors, credited and uncredited, |
| 0:37.0 | because they just don't understand how all these people make money and who's paying for that you know if people in a market are making a lot of money |
| 0:48.4 | That means somebody's losing a lot of money that's a market There's two sides to every market. And so I have searched from being a CEO of a public company for over 30 years for the right people that understand how to be on right side of taking a company public, of being public and going public and staying public. |
| 1:11.0 | And so after traveling world listening for what people are listening for |
| 1:17.0 | I had so many questions that people just have no clue and they see things that are just so |
| 1:24.5 | untrue about I'm investing in this company because they're going to go public and I'll |
| 1:28.3 | say well what does it take to go public on the NASDAQ or on the NED or on the Canadian stock. |
| 1:35.0 | I'm not sure you understand what you're investing in, |
| 1:38.0 | so how can you align it with your timing and risk tolerance? |
| 1:41.0 | So I sought after somebody that I trust with integrity to teach us and to ask |
| 1:50.0 | questions of what exactly does this mean? |
| 1:54.0 | What should I do? |
| 1:55.8 | And so Ennis Capital is a company that's been making |
| 1:59.2 | oh 50% returns that make ridiculous. They must know what side of the market to |
| 2:05.6 | fall on because I'll tell you one thing about the market, the public market, it sucks |
| 2:09.4 | and to find someone who's making money in a shitty market must understand. |
| 2:15.8 | Like I said, not everybody loses money in a market. |
| 2:19.4 | You know, watch the big short. |
| 2:21.8 | There was some dudes that in the worst financial crisis |
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