public companies
6 statements across 3 episodes · 1 bullish · 5 bearish · 2 people on the record · first statement Apr 18, 2024 by Bill Gurley · across every show →
Everything said about public companies, oldest first
Apr 18, 2024 positive
Gurley: Going public improves company performance and raises operational standards
“I have always believed, and I'm not the only one there, there's a assortment of other people in our industry, that being public is great for companies. It raises the bar in terms of their performance. It causes them to, I think, achieve more than they would ot…”
Apr 18, 2024 negative
Gurley: Slow-growth private companies are worse off than equivalent public peers
“In fact, like because of a lack of liquidity premium, you're probably worth less than that public company and structurally,
Your cap chart's more rigid, and so you have less flexibility. You can't do any acquisition. I mean, there's all kind of reasons why tha…”
Apr 18, 2024 negative
Gerstner: Decline in Public Companies Is Permanent and Structural
“I'm evolving my own thinking to say this is permanent and this is structural, right? Because the government regulatory burdens are at least semi-permanent and the markets have responded by the private capital markets stepping in and providing the liquidity whe…”
Apr 18, 2024 bearish
May 16, 2024 bearish
Gerstner: Altimeter's list of potentially disrupted companies is longest ever
“As an investment firm, as you know, that on the public side, you know, we look at who's going to be disrupted. I think it, you know, this is the list of companies that we have that are potentially disrupted. Is as long as it's ever been, you know, we've, we're…”