Yep. Let's say you're a reputable business with solid earnings and market cap, and a track record of following the rules and being able to meet listing standards. Which exchange(s) are you going to consider? The well-known, venerable NYSE or NASDAQ, or the Texas Freewheelin' Discount Bargain Barbecue Exchange?

Now, if you're a less than reputable business, with questionable earnings and a disregard for following the rules, and you are ineligible to be listed on the NYSE or NASDAQ, which exchange are you going to consider?