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Maveron Cofounder Dan Levitan Says Ipos Are The Best Way To Improve Company Governance

by businessinsider.com posted 2weeks ago 14 views
Five years ago most entrepreneurs wanted to stay private as long as possible. But investor Dan Levitan thinks there's a good reason for companies to go public. Levitan, speaking at the Milken Institute Global Conference on Monday, said going public is a great way for companies to diversify who has a say in what happens in the company. In short, it leads to better governance, he said. As more companies take large checks from ultra-late stage investors like SoftBank, they also give up more control.

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