Why We Shouldn’t Worry About the Declining Number of Public Companies
AUGUST 27, 2018
In sum, digital strategies and rapid technological obsolescence increases the mortality rates among existing public firms, but does not correspondingly increase the demand for IPOs. Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality. The aggregate market capitalization of listed companies keeps increasing , unemployment remains manageable, and U.S. westend61/Getty Images.