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digitaltrees • yesterday at 8:39 PM • 1 reply • view on HN

That’s actually not why. It’s because of regulations put into place after Enron collapsed that made it harder and more expensive to go public.


Replies

gizajob • yesterday at 10:41 PM

Those regulators in 18 months time: “We had no idea that crash was going to happen. Nobody saw it coming.”