It’s a banner year for companies looking to go public. Plenty of IPOs already so far this year; plenty more to come. But there are worries about the stimulus that the Federal Reserve has been providing the economy. So why would you want to go public now? Plus, businesses in Venezuela have had a hard time getting cash. The country’s official currency exchange system is a mess. It sells 11 bolivars for one U.S. dollar, while the black market rate is 80 to 1.
It’s a banner year for companies looking to go public. Plenty of IPOs already so far this year; plenty more to come. But there are worries about the stimulus that the Federal Reserve has been providing the economy. So why would you want to go public now? Plus, businesses in Venezuela have had a hard time getting cash. The country’s official currency exchange system is a mess. It sells 11 bolivars for one U.S. dollar, while the black market rate is 80 to 1.
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