Comment by ekianjo | Hacker News Reader

Top New Best Ask Show Jobs

Comment by ekianjo | Hacker News Reader

Parent Full thread

when you own 100% you can make it private again.

I think you only need the majority of shares to go private and then the rest will be payed out automatically for the set price.

> the rest will be payed out

Yeah, because you're purchasing them.

Sure. What I meant is that you don't need the 100% to go private. But maybe that was obvious.

And the only reason you would make it private is?

Avoiding the requirement to file quarterly earnings reports.

You don't have to please your shareholders.

to do another IPO

Being more aggressive with changes to the company and its product without a market freaking out over it.

you can do whatever you want and stop caring about meeting every quarters goals

Reply on news.ycombinator.com