Sunday, January 4, 2015

Creator and the player

While there are number of reasons for an entrepreneur to go public, off late there are many who want to go back to private. Why?

Suddenly you are compared to your peers ( worst form of criticism!!!), crucified by analysts and investors who do not have as good understanding of the business as you do, your competitors determine what you do next quarter and the next and suddenly the vision and passion are overtaken by spreadsheets!

As they say, the 'suits' take over and mediocrity , short term thinking, playing to satisfy outsiders set in. Pursuit of ' good enough' is now the norm compared to the 'pursuit of excellence and best in class'. 

End game : A new leader and a new vision OR risk becoming a ' me-too'!

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