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Mark Cuban (August 27, 2014)
Mark Cuban
It use to be if you needed to raise money and you were a growing company you went public and you could raise 5,10, 15 million dollars. That never happens any more….so because that public market outlet is no longer available, people go where the money is and what ends up happening is Silicon Valley for technology companies is a natural outlet…people go to Silicon Valley not because the money is smarter, not even because there is more of it, but because those guys are better in creating, going finding places to buy your company.
…going public is not an option for 99% of the companies out there.