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On Private Vs. Public Companies, Unicorns and Cannabis

Submitted by Marijuana News on Wed, 05/13/2015 - 08:00

Would you like to invest in Uber? Or how about Airbnb? Well it turns out that you can’t. If you’re a regular Joe or Jane investor, there are no shares to buy for either company, or for companies like Pinterest and SpaceX.

Which is strange considering that Uber, for instance, is valued at over $40 billion dollars … that’s more than the publicly-traded value of Chipotle (NASDAQ: CMG) and Whole Foods (NASDAQ: WFM) put together.

So why isn’t Uber public? Why isn’t Snapchat or Flipkart? The simple answer is because they don’t need to be. It used to be there was a phase of growth that required companies to conduct an IPO, and gain the commensurate benefits and burdens of a public stock listing. In order to get to the next level, you just had to reach out to the mass public and ask them to invest.

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