"I don't think we would still be here if we hadn't gone public"
- David Talbot
About this Quote
David Talbot's quote recommends that going public was a required action for the business's survival. Going public is a process in which a business's shares are made available to the public for purchase. This process can be helpful for a company as it can provide access to capital, increased liquidity, and greater visibility. It can likewise assist to attract and keep talented employees.
Talbot's quote implies that the company was in a precarious position prior to going public which the choice to do so was an important one. It recommends that the company required additional capital and resources in order to stay feasible. Going public enabled the business to access the capital and resources it needed to survive.
Talbot's quote is a testimony to the value of going public for a business's survival. It highlights the fact that without the choice to go public, the company might not have been able to remain in company. Going public can be a hard choice for a business, however it can also be a needed one.
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